soft market News
Rotting Apple: Berkley Explains Property Market, Company Appetite
Analysts trying to reconcile third-quarter premium jumps reported by line of business for W.R. Berkley Corporation with the CEO's opening remarks during an earnings conference call this week may well ...
Underwriting Games: To Manage the Cycle Effectively, Focus on Behavior
Prices are under pressure in many insurance markets. After an extended period where pricing levels have risen and held at profitable levels, the balance of power appears to be shifting to buyers. In ...
Q2 Commercial Insurance Prices Show Clear Evidence of Softening: CIAB
Commercial property/casualty premium increases in the second quarter 2024 were flat or down from the previous quarter for all lines of business—evidence of a softening insurance market, according ...
Prepare for the Soft Market: Why You Need to Set Performance Metrics Now
On the face of it, it appears to be a good time to be an underwriter. A combination of historic underperformance, an elevated risk outlook and investor reticence is encouraging underwriters to push ...
Viewpoint: Get Ready Now for the Soft Market (Because It’s Coming)
While discussing soft market underwriting may seem ill-timed given current strong results and hard market conditions, there are worrying signs that underwriters are beginning to chase market share in ...
Insurance Pricing: True D&O Buyer’s Market; Stabilized Commercial Auto
Insurance brokerage USI is forecasting that half of 32 commercial insurance product lines analyzed will experience softer pricing in the first half of 2023—including a predicted "buyer's market" ...
Commercial Auto Among Lines With Flattening Rates: USI 2022 Forecast
Although it wasn't the headline of a commercial insurance broker's market pricing report last week, the report's observation that "commercial auto liability coverage rates are starting to flatten" is ...
Hard Market Moderating; Rate Decreases Possible By Q2: Report
While the hard market is continuing at "a tempered pace," with continued deceleration of price increases for many commercial insurance lines, "in Q2 we might even begin to see rate decreases," a ...