Improved Profitability Fuels Competition
Despite continuing concerns about natural catastrophe losses, social inflation, and geopolitical uncertainty, insurers are reporting strong returns and are increasingly competing for business across a number of lines. The result: greater stability and predictable renewal outcomes.
For buyers, it’s essential to continue to challenge existing thinking, rather than simply renewing insurance programs as is. Now is the time to revisit past assumptions, reexamine limit adequacy, and capitalize on safety and risk mitigation investments.
Click to read the latest Lockton Market Update. (opens a new window)