Market Insights
Stay informed on emerging issues and trends in the insurance industry.
State of the Market: Construction H1 2025
The construction casualty market remains firm but fragmented midway through 2025. Stability in primary layers contrasts with tightening conditions in the excess space, particularly for accounts with fleet exposure or adverse loss histories. Primary coverage continues to benefit from consistent capacity and manageable pricing pressure. Excess underwriters are broadly seeking rate increases while carriers are pulling back on limits, tightening per-project aggregates and maintaining a firm stance on exclusions.
State of the Market: Builder’s Risk Insurance H1 2025
The builder’s risk insurance market is feeling the effects of continued economic uncertainty, evolving risk profiles and historic increases in capacity. As we navigate the rest of 2025, developers and retailers alike should keep a close eye on both structural market changes and regional nuances. Carriers are becoming increasingly selective, gravitating toward high-quality risks and exercising caution in more challenging geographies and project types.
