1、Insurance Marketplace Realities20232/2023 Insurance Marketplace Realities1/Introduction 4Executive summary 42/Major product lines 7Property 8Domestic casualty 11International casualty 13Middle market 143/Professional liability lines 16Cyber risk 17Directors and officers liability 19Employment practi

2、ces liability 21Errors and omissions 23Fidelity/crime 25Fiduciary liability 26Financial Institutions FINEX 314/Speciality lines and solutions 33Aerospace 34Alternative risk transfer(ART)37Architects and engineers 40Captive insurance 42Construction 44Energy 51Environmental 54Healthcare professional l

3、iability 55Special contingency risks:Kidnap and ransom 56Life sciences 57Managed care E&O and D&O 59Marine cargo 61Marine hull and liability 63Personal lines 64Political risk 65Product recall 67Senior living and long-term care 68Surety 70Terrorism and political violence 72Trade credit 73TABLE OF CON

4、TENTS 2023 Insurance Marketplace Realities/34/2023 Insurance Marketplace Realities4/2023 Insurance Marketplace RealitiesSince 2019,commercial insurance buyers in North America have been searching for a break in the clouds.The second half of 2022 has ushered in a new environment that provides a brigh

5、ter picture,one with improved pricing conditions,coverage,and capacity for many commercial lines of business.This is not to suggest it is time to celebrate soft conditions,but it does mark demonstrable improvement in the market.That said,one of the lone holdouts for a hard market,commercial property

6、,is facing material headwinds,and the industry as a whole must mind the upward pressure that several macro factors may have on rate.The first of these factors is inflation in its many forms.The Consumer Price Index and slipping purchasing power may headline the news,but theres also wage inflation,me