1、Insurance Marketplace Realities2024 Spring update1Insurance Marketplace Realities2024 Spring IntroductionMajor product linesProfessional liability linesSpeciality lines and solutionsTABLE OF CONTENTS1/Introduction 3Executive summary 42/Major product lines 7Property 9Domestic casualty 18International

2、 casualty 30Middle market 32Canada casualty 38Canada property 41Bermuda 433/Professional liability lines 46Cyber risk 48Directors and officers liability 52Employment practices liability 58Errors and omissions 61Fidelity/crime 64Fiduciary liability 67Financial institutions FINEX 724/Speciality lines

3、and solutions 74Aviation&space 76Alternative risk transfer 81Architects and engineers 83Captive insurance 86Construction 88Energy property 96Energy liability 99Environmental 101Healthcare professional liability 104Life sciences 106Managed care E&O and D&O 109Marine cargo 114Marine hull and liability

4、 116Personal lines 118Political risk 121Product recall 123Senior living and long-term care 125Special contingency risks:Kidnap and ransom 128Surety 130Terrorism and political violence 134Trade credit 137 2IntroductionMajor product linesProfessional liability linesSpeciality lines and solutionsIntrod

5、uction3IntroductionMajor product linesProfessional liability linesSpeciality lines and solutions4Executive summary Weve seen a lot of markets over the years,and the industry has never struggled to come up with creative ways to describe them.Weve had“hard”markets,be they 2023s property market or 2020

6、s across-the-board version.Looking back at 2015 to 2018,conventional wisdom would characterize that era as a“soft”market.2008 and the financial crisis brought us the“unsettled”market.Weve even nodded sagely at the notion of“dichotomous”markets,which to me sounds like every market that has ever exist