A buyer-friendly competitive commercial insurance market is likely to be short-lived, according to a new analysis of second-quarter 2025 market conditions from global professional services firm Aon.
“This is not a typical soft market cycle; it’s a soft market under stress,” declared Joe Peiser, CEO of Commercial Risk for Aon, in a media statement about a new Aon report, “Q2 2025 Global Insurance Market Insights.”
While capacity is expanding and pricing softening across many lines of business, systemic threats are intensifying at the same time, he said, noting the forces of geopolitical instability, climate volatility, cyber fragility, infrastructure vulnerability, and…