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Global Financial Institutions – Insurance Market Conditions 2024

December 16, 2024

Welcome to the Global Financial Institutions (FI) Insurance Market Report!

The global FI insurance market remains highly favorable across most financial, executive, and professional (FINEX) lines, providing insureds with competitive terms and broader coverage options. As the financial services landscape continues to evolve, insurers are adapting their strategies to address emerging risks in areas such as fintech, digital assets, and artificial intelligence (AI).

In this report, we delve into the latest market observations, including widespread rate reductions, capacity expansion, and a growing focus on emerging risks. We also provide actionable insights to help you navigate the challenges of regulatory pressures and evolving claims trends, ensuring your insurance program is well-positioned for the future.

We expect favorable rates for financial institutions to continue through 2025. Clients can navigate the insurance landscape confidently by leveraging the competitive environment and understanding evolving risks.”
Susan FinbowGlobal Head of FINEX Financial Institutions

Download the full report to gain a comprehensive understanding of the current market dynamics and to discover how you can leverage these trends to secure the best possible coverage for your financial institution.

Contacts

Photo of Jordan Siegman

Jordan Siegman

U.S. Head of FINEX Financial Institutions & Professional Services

Get access to the full report