This update provides an analysis of the current conditions in the GB market for Crime insurance and the impact this has on companies and insurance buyers.
The GB market for Commercial Crime insurance remains relatively fragile, with fewer insurers willing to underwrite this line of business compared with commercial Directors & Officers liability insurance.
Following the rate and retention increases which we saw in 2020, H1 2021 has seen some stabilisation in limits and retentions. Premiums continue to increase, but at a significantly lower rate than during 2020.
Notifications from our clients in 2020 were significantly down on the previous highs of 2017-2019 and below the average since 2008.
For the full market update, please download the PDF below.
| Title | File Type | File Size |
|---|---|---|
| State of the GB Market for Commercial Crime Insurance | 2.4 MB |
