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P&C Market Update: What’s the impact of the 2017 disasters?

The current insurance marketplace remains in a state of uncertainty as insurance and reinsurance carriers seek to understand the full scope of their recent catastrophe (CAT)-related losses. Check out the February 2018 Lockton Market Update for more information as well...
The Advantage Stays with the Buyer

The Advantage Stays with the Buyer

It’s still a buyer’s market in commercial insurance.  Major changes have created strong competition, ample capacity and lower prices during the past several years.   Lockton’s December 2016 P&C Market Update states that the competitive landscape continues, as...
Shifts in Construction Market Force Creative Risk Transfer

Shifts in Construction Market Force Creative Risk Transfer

Economic growth has spurred the construction industry to life in the past three years. Heading into 2016, the industry is predicted to grow exponentially. Leading the way is non-residential construction, which is driving a 40% increase in growth since 2014. This...
P&C Market Update: Competition Promotes Change, Creativity and Flexibility Among Carriers

P&C Market Update: Competition Promotes Change, Creativity and Flexibility Among Carriers

Lockton has released its Fall 2015 P&C Market Update and the US property and casualty insurance market has seen competition continue to increase in a market characterized by excess capital, low interest rates, and slow economic growth. Most clients are benefitting...
P&C Market Update: Market Continues to Soften, Competition Continues to Rise

P&C Market Update: Market Continues to Soften, Competition Continues to Rise

The US property and casualty insurance market has seen a surplus of growth in the last several years, leading to ample capacity and favorable rates. Overall, it continues to be a buyer-friendly environment that is not expected to change soon, barring a catastrophic...