Vincent J. Gaffigan’s Post

Rising investment income, a growing economy and a (thus far) relatively mild 2024 wind season have helped keep commercial insurance market conditions largely favorable to buyers. Despite this, there is still an underlying sense of fragility in both the economy and the insurance marketplace. Any large, unexpected event could bring an end to the stable and predictable market that many buyers currently enjoy. This environment has sparked interest in alternative risk strategies, which can offer significant value for organizations seeking to more effectively manage costs and volatility. For buyers, it's essential to continue to challenge existing thinking, rather than simply renewing insurance programs as is. Now is the time to revisit past assumptions, reexamine limit adequacy, and capitalize on safety and risk mitigation investments. https://lnkd.in/ej-3zqB2

RELEASE: New research reveals that three-quarters of insurers are currently investing in private markets or have plans to do so in 2024. Discover how market volatility, elevated interest rates, and evolving regulatory requirements are driving insurers to reevaluate their investment strategies. #Investments #Business #Insurance #Economy

RELEASE: New research reveals that three-quarters of insurers are currently investing in private markets or have plans to do so in 2024. Discover how market volatility, elevated interest rates, and evolving regulatory requirements are driving insurers to reevaluate their investment strategies. #Investments #Business #Insurance #Economy

RELEASE: New research reveals that three-quarters of insurers are currently investing in private markets or have plans to do so in 2024. Discover how market volatility, elevated interest rates, and evolving regulatory requirements are driving insurers to reevaluate their investment strategies. #Investments #Business #Insurance #Economy

RELEASE: New research reveals that three-quarters of insurers are currently investing in private markets or have plans to do so in 2024. Discover how market volatility, elevated interest rates, and evolving regulatory requirements are driving insurers to reevaluate their investment strategies. #Investments #Business #Insurance #Economy

RELEASE: New research reveals that three-quarters of insurers are currently investing in private markets or have plans to do so in 2024. Discover how market volatility, elevated interest rates, and evolving regulatory requirements are driving insurers to reevaluate their investment strategies. #Investments #Business #Insurance #Economy

RELEASE: New research reveals that three-quarters of insurers are currently investing in private markets or have plans to do so in 2024. Discover how market volatility, elevated interest rates, and evolving regulatory requirements are driving insurers to reevaluate their investment strategies. #Investments #Business #Insurance #Economy

RELEASE: New research reveals that three-quarters of insurers are currently investing in private markets or have plans to do so in 2024. Discover how market volatility, elevated interest rates, and evolving regulatory requirements are driving insurers to reevaluate their investment strategies. #Investments #Business #Insurance #Economy

RELEASE: New research reveals that three-quarters of insurers are currently investing in private markets or have plans to do so in 2024. Discover how market volatility, elevated interest rates, and evolving regulatory requirements are driving insurers to reevaluate their investment strategies. #Investments #Business #Insurance #Economy

Despite continuing concerns about natural catastrophe losses, social inflation, and geopolitical uncertainty, insurers are reporting strong returns and are increasingly competing for business across several lines—the result: is greater stability and predictable renewal outcomes. For buyers, it’s essential to continue to challenge existing thinking, rather than simply renewing insurance programs as is. Now is the time to revisit past assumptions, reexamine limit adequacy, and capitalize on safety and risk mitigation investments. https://lnkd.in/enZ3iE7f