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 reinsurance costs. These factors allow them to sustain competitive pricing. Despite some high-profile cyber breaches making headlines, competition within the cyber insurance market continues to drive rates downward. Similarly, capacity for D&O insurance remains abundant, allowing buyers to secure favorable pricing.
Please see full publication below for more information.
