Despite potential headwinds, more stable rates and competition keep pricing favorable for commercial insurance buyers, Lockton reports.

Berven says Nationwide takes long-term view on improving property resilience, preventing losses.

Gallagher finds a growing number of companies are investing in resilience to mitigate risk and lower insurance costs

The excess and surplus lines property insurance market defies 2023 predictions, with rate decreases gaining momentum, according to Risk Placement Services.

HSB’s Riggs shares insights into the company’s approach to technology-enabled risk prevention and protection.

Aon’s Q2 Global Market Insights report reveals a complex commercial insurance landscape that is growth oriented, but also more disciplined.

“One of the biggest challenges we face in the energy transformation is increasing our expertise in the new technologies that come with it … Learning about the risks and specificities of these new technologies is crucial for both the industry and its insurers.”

Marsh reports that global commercial insurance rates remain flat in Q2 2024, while U.S. rate hikes moderated to 1%.

“I think most insurance companies have learned it’s not quite as simple as putting up a line and nothing ever breaks. But it’s an incredible opportunity, and it’s going be a growing part of insurance companies’ books.”

Global economic and insured losses from natural perils in H1 2024 exceed averages, with the U.S. bearing the brunt from severe convective storms.

This Gallagher property practice leader details the trends affecting commercial property insurance.

The transition to renewable energy is well underway, and insurers are working to help the sector overcome its growing pains.

Gallagher report highlights how insurance policies can respond to global protests and civil unrest, urging proactive risk mitigation.

Cyclical labor and material cost increases mean brokers and underwriters had better be on their toes when communicating valuations to insureds.

Previsico’s hydrodynamic modeling and onsite sensors predict localized flash floods, helping insurers and customers manage risk more effectively

A session at RISKWORLD showed how a data-driven, proactive approach to risk management leads to a winning loss control formula.

Having a broad experience in the high net worth space, PRMA’s Diane Delaney is excited to be putting that to work for the organization she now leads.

“Weather-related risks on the property side are a significant concern for risk managers and various industries. Leading experts, such as Colorado State University, forecast a very active hurricane season of at least 23 named storms and five major hurricanes, which is well above average.”

Increased capacity for property catastrophe reinsurance, including record cat bond issuance, signal a potential softening of rates, but an active hurricane season could counteract these trends, Howden Re reports.

For companies facing expensive and hard-to-insure property perils, captives offer flexibility and price stability.