Lockton Market Update – June 2021
In May 2020, we issued our market update under very different circumstances. The onset of the COVID-19 pandemic gave way to a steady drumbeat of bad news as entire industries shut down, unemployment skyrocketed and global trade dwindled. Masks evolved into a must-have...Interim Lockton Market Update: March 2021
Perhaps more than any time in recent history, a new year has ushered in the promise of change. In the U.S., the rollout of the COVID-19 vaccines, renewed signs of economic recovery and a new political landscape all gave hope that 2021 would begin to feel more like...
Lockton Market Update: Opportunity amidst uncertainty
As 2020 comes to a close, challenging conditions persist for both clients and the property & casualty industry. Reduced capacity, higher retentions, rising rates, and restrictive terms and conditions are just a few of the obstacles buyers currently face.