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What’s happening: Aon shared the firm’s Q3 2023 Global Insurance Market Insights Report, which looks at the important insurance market developments that took place in Q3.

• Joe Peiser, CEO Commercial Risk Solutions at Aon, said, “Capacity was sufficient across most products and risk types as established insurers expanded their appetite, and other insurers (re)entered markets targeted for growth but capacity for natural catastrophe-exposed property risks remained constrained.” Read the full interview here.
• Key findings from the report include:
  • The D&O and cyber markets continued to become more buyer friendly, and the property market showed signs of stabilization, although Nat Cat risks remained challenged.
  • Industry leaders took steps forward in their fight against social inflation and "Nuclear Verdicts."
  • Insurer growth focus sharpened as year-end targets approached but underwriting remained disciplined and risk differentiation gained further importance.
• Read more about the report in Artemis, Business Insurance, Insurance News Australia, Reinsurance News and The Insurer.