Property & Casualty Market Outlook

Property & Casualty Market Outlook

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Disaster Preparedness Guide

What to Watch for in 2023

Business and the insurance industry have seen numerous unprecedented challenges since 2019. A multitude of external factors led insurance companies to reevaluate their market position. The property and casualty insurance market has been fundamentally reshaped by the increased frequency in severe claims, recession uncertainty, social inflation concerns, persisting COVID-19 obstacles, cybercrime trends and catastrophic natural disasters.

Trends that will shape your policy:

  • Recession Risks
  • Labor Shortage
  • Supply Chain Issues
  • Extreme Weather Events

Review our 2023 Property & Casualty Market Outlook for more information on these and other areas of concern your organization should address along with pricing forecasts for commercial lines of insurance.