Stay informed on emerging issues and trends in the insurance industry.
The current state of the agriculture insurance market is challenging. The market's volatility stems from a combination of hard market conditions, rising premiums and a reduction in available E&S coverage, leading to a situation where both insurers and insureds face significant challenges.
The energy insurance market has undergone notable changes, with increasing stabilization in the downstream sector offering more favorable conditions for insureds. Renewals have started to reflect lower rates, despite ongoing challenges from natural catastrophes and rising claims. This shift is influenced by improved capacity and profitability among carriers, alongside strategic partnerships in navigating complex risks.