USI’s 2022 Commercial P&C Market Outlook Mid-Year Addendum

Insurance market rate trends, challenges and solutions

The usual challenges continue to impact the P&C insurance market, such as natural disasters, cyber risks, litigation, and changes in the law. Developing trends are also fighting for center stage, including those involving the ongoing supply chain crisis, the conflict in Ukraine, and environmental, social and governance (ESG) issues. These challenges will require insurance buyers to prepare for technical and focused underwriting and complete detailed, comprehensive, and well-organized submissions.

Any trend discussed in this report will affect some organizations more than others, and few solutions will work universally — across all industries, size of business, geography, line of coverage and program structure. That’s why we feature insights from our national practice leaders and industry experts in our 2022 Mid-Year Commercial Property & Casualty Market Outlook. Organizations can improve their quality of risk to differentiate themselves to the insurance marketplace — and position themselves to receive favorable outcomes.

We also continue to provide Historical Rate Index Charts for major lines of coverage. The charts provide a more comprehensive look at how rates are trending from 2018 to present day.