The global commercial insurance market is set to expand at a 7.9% CAGR, reaching $1.89 billion by 2030, driven by regulatory reforms, insurtech adoption, and rising risk exposures in North America, Asia-Pacific, and other regions.

Mitsui Sumitomo Insurance acquires a 12.5% stake in U.S. insurer W. R. Berkley, signaling growing international investment trends in the insurance industry.