Today’s commercial insurance landscape is a paradox. On the one hand, buyers are seeing continued pricing relief across many lines. On the other, economic and geopolitical uncertainty persist.
Outside of third-party liability, pricing remains generally favorable. Competition is back, and insurers are still signaling growth. The U.S. economy continues to defy expectations, and investment yields and ROI remain strong.
But the paradoxical nature of the market hasn’t disappeared. In fact, it’s becoming clearer by the day that it’s likely to be a constant for the foreseeable future. It’s as though we are in the third inning of a tight ballgame. As we move into the middle and late innings, every pitch, every call, and every play will count — and could change the outcome.
Learn more about what’s shaping the commercial insurance marketplace today in our latest Lockton Market Update (opens a new window).