Latest Clyde & Co insurance growth report is now available

“Despite a continuing hardening market in many lines of business, the growth outlook for insurance businesses remains uncertain in the face of continuing geopolitical uncertainty and economic volatility.” This is according to the latest update to the insurance growth report published by Clyde & Co.

The report continues: “As the property and casualty market struggles to maintain premium volumes in more challenging classes such as financial lines, and with some corporate buyers choosing to self-insure rather than pay higher risk adjusted rates, carriers are looking at all available options for increasing revenue while mitigating potential risks across the insurance landscape.”

The report goes on to discuss a wide range of relevant topics, including mergers & acquisitions, cyber, regulation, insurtech, MGAs and artificial intelligence.

Clyde & Co is a global law firm providing a complete service to clients in its core sectors of insurance, transport, energy, infrastructure and trade & commodities.

The latest insurance report is available here.

The Clyde & Co Insurance Growth Report is based on data by Refinitiv for completed mergers and acquisitions in the global insurance industry in the period 2009 to 30 June 2023 for businesses in Life Insurance, Accident and Health Insurance, Fire, Marine, and Casualty Insurance, Surety Insurance, Title Insurance and Insurance Carriers Not Elsewhere Classified. Additional input, analysis and insight was gathered from face-to-face and telephone interviews with Clyde & Co partners around the world during July 2023, supplemented by existing third-party research.

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