The soft market persists across most sectors of commercial insurance. In the property sector, rates continue to decline—a trend we expect to persist as property insurers see strong profits and benefit from decreasing...more
The commercial insurance market remains a buyers’ market across all sectors except for casualty. Within the casualty market, workers' compensation stands out as the only bright spot, with rates continuing to decline. In...more
After years of sustained rate increases, 2025 offers a brighter outlook for commercial insurance buyers. We expect premiums to stabilize or rise modestly, varying by line of business and industry. Increased market competition...more
12/12/2024
/ Commercial Insurance Policies ,
D&O Insurance ,
Healthcare ,
Insurance Claims ,
Life Sciences ,
Manufacturers ,
Property Casualty Policies ,
Property Insurance ,
Real Estate Market ,
Reinsurance ,
Retail Market ,
Technology Sector ,
Umbrella Policies ,
Workers' Compensation Claim
The good news for insurance buyers is that the North Atlantic Hurricane season has not significantly impacted property rates or coverage, and rates are continuing the trend of decreases that we noted in our last update....more
Insurance buyers enjoyed favorable market conditions across most segments of the commercial lines market in the first half of 2024. D&O and Cyber led the way in premium decreases, even benefiting companies with claims...more
The basic economic principle of supply and demand is the theme of the first quarter. The supply of capital is driving pricing behavior in all segments of the commercial lines market.
Let’s start with the directors and...more
Commercial lines insurance buyers encountered mostly positive trends at the end of 2022. Most segments experienced rate stabilization and, in the case of public D&O, large rate decreases. The exception to this generally...more
The third quarter is always pivotal in the insurance market because it is the peak of the Atlantic hurricane season. The number and severity of named storms, and if and where they make landfall, will impact property premiums...more
The outlook for commercial insurance buyers continues to improve as we enter the second half of 2022. After several years of increasing rates across almost every segment of the commercial space, most insurers are reporting...more
Market stabilization is the theme as we closed the first quarter of 2022. We monitored the first quarter earnings releases of commercial insurers carefully to detect trends. All the top commercial lines insurers reported rate...more
Market conditions did not change materially in the fourth quarter of 2021 from the previous quarter. We continue to see stabilization in many sectors of the commercial lines market and cyber continues to be a concern for...more