Commercial insurers earnings are strong, but natural disasters, geopolitical risks, and mounting legal system challenges could upset the balance, the broker finds.
Commercial insurers maintain stability despite market challenges, as strong underwriting and pricing drive continued profitability, according to AM Best.
Commercial P&C market stabilizes with 5.1% average premium increase, with umbrella coverage leading increases and D&O rates leading declines, CIAB reports.
As insurers grapple with severe weather and emerging risks, advanced location intelligence offers solutions for the P&C industry, according to Nearmap.
Insurance industry poised for growth as 79% expect revenue increases and half plan workforce expansion in the coming 12 months, according to report by Jacobson Group and Aon.
As businesses face increasing ‘polycrisis’ threats, traditional risk management approaches need an update for today’s interconnected challenges, per a RIMS executive report.