5 industry experts on insurance renewals and the hard market
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Commercial insurance customers have experienced a soft market for a very long time and almost started to believe that it would stay this way forever. So, when the market started to harden it was quite a surprise. The question now is for how long will it continue and how should corporates deal with it?
Reto Collenberg and four other industry experts discuss the challenges of the hard market for the different lines of businesses and industry overall.
Learn about their views on:
- the pricing environment for European multinational companies and their global programs/specialty covers
- which lines are the most distressed in terms of rates and terms and conditions
- the capacity issue or new capacity entering the markets
- customers’ greater use of captives and alternative solutions
Originally published in Commercial Risk’s Global Risk Manager on 8 August 2021 – Read here