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Aon Shares Global Insurance Market Insights Report for Q4 2023
February 23, 2024

132 words…less than a minute read

One big thing: Aon has released its Q4 2023 Aon Global Insurance Market Insights report, which looks at how events in 2023 have shaped the insurance market.

  • Key findings included:
    • Pricing was moderate but remained pressured by economic and social inflation. Natural Catastrophe-exposed Property risks and Liability risks with significant U.S. exposures experienced ongoing challenges.
    • Insurers continued to focus their appetite and capacity deployment, creating healthy competition and options for preferred risk types. Alternative risk transfer solutions gained momentum across both preferred and non-preferred risk types.
    • While the underwriting environment remained disciplined when it comes to valuations, risk quantification and matters related to corporate responsibility, it was characterized by greater flexibility as insurers’ year-end growth targets approached.
  • Read more about the report in Artemis, Insurance News and Reinsurance News.
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