2025
P&C MARKET OUTLOOK
The property and casualty (P&C) market is continuously shifting, influenced by economic conditions, claims trends, and evolving risk factors. As businesses navigate these changes, understanding market trends is critical to making informed decisions about coverage and risk management strategies.
At Conner Insurance, we are committed to keeping you ahead of these industry developments. Our 2025 Market Outlook provides insights into expected rate changes across key insurance sectors, helping you anticipate shifts and plan accordingly. Whether you're evaluating property, casualty, executive, or environmental coverages, our expertise ensures you receive the most strategic solutions tailored to your needs.
PROPERTY
- Property Non-CAT (Good History): No Change
- CAT Property (Minimal History): Down -10% to Up +5%
- CAT / Non-CAT Property (Poor History): Up +5% to +15%
CASUALTY
- Primary General / Product Liability: Flat to Up +10%
- Primary Auto w/ Fleet < 200 & Good History: No Change
- Primary Auto w/ Fleet < 200 & Poor History: Up +15% to +30%+
- Primary Auto w/ Fleets > 200: Up +5% to +10%
- Excess Auto Buffers: No Change
- Workers’ Comp Guaranteed Cost: Down -5% to Up +3%
- Workers’ Comp Loss Sensitive: Down -5% to Flat
- Umbrella & Excess Liability (Middle Market): Flat to Up +10%
- Umbrella & Excess Liability (Risk Management): Flat to Up +15%
EXECUTIVE & PROFESSIONAL SOLUTIONS
- Public Company D&O: Down -5% to Flat
- Private / NFP D&O: Down -7.5% to Flat
- Employment Practices Liability: Down -5% to Up +10%
- Fiduciary: Down -5% to Up +5%
- Crime: No Change
- Professional Liability / E&O: Down -5% to Up 10%
- Network Security & Privacy (Cyber): Down -5% to Up +5%
- Technology E&O: Down -5% to Up +5%
- Representations & Warranties: Up +5% to +10%
- Kidnap & Ransom: Flat to Up +5%
INTERNATIONAL
- International Liability: Up +5% to +12%
- International Property (CAT Exposure): Up +15% to +20%
- International Property (Non-CAT Exposure): No Change
AVIATION
Aviation: Down -5% to Up +5%
ENVIRONMENTAL
- Environmental Combined GL / Pollution: Flat to Up +8%
- Excess Combined GL / Pollution: Up +5% to +15%
- Environmental Contractors’ Pollution: Down -10% to Up +5%
- Environmental Pollution Legal Liability: No Change
MARKET TRENDS
- Certain property and auto lines continue to see rate increases due to loss history and risk complexity.
- Cyber and professional liability markets remain competitive with stable or improving pricing.
- Environmental and international markets show mixed trends, with CAT-exposed risks experiencing notable increases.