| Line of Insurance | Favorable Risks | Challenging Risks |
|---|---|---|
| Property | -15.0% to Flat | Flat to 8.0% |
| General Liability | 2.0% to 7.0% | 10.0% to 20.0% |
| Business Auto | 8.0% to 15.0% | 20.0% to 30.0% |
| Workers’ Compensation | -5.0% to Flat | 5.0% to 10.0% |
| Umbrella (Lead) | 8.0% to 15.0% | 15.0% to 30.0% |
| Excess Liability | 8.0% to 15.0% | 15.0% to 30.0% |
Key takeaway
2025 marked a re‑acceleration year for private equity, following two years of recalibration driven by higher interest rates, valuation dislocation and reduced exit activity. While overall deal volume remained below prior cycle peaks, deal value rebounded, reflecting a shift toward fewer but larger transactions.
Across sectors, private equity in 2025 moved away from financial engineering and toward operational value creation and sector specialization. Infrastructure, technology, healthcare and business services emerged as the most consistently favored investment areas, driven by recurring revenue profiles, scalability and resilience to macro volatility.
Disclaimer
WTW hopes you found the general information provided here informative and helpful. The information contained herein is not intended to constitute legal or other professional advice and should not be relied upon in lieu of consultation with your own legal advisors. In the event you would like more information regarding your insurance coverage, please do not hesitate to reach out to us. In North America, WTW offers insurance products through licensed entities, including Willis Towers Watson Northeast, Inc. (in the United States) and Willis Canada Inc. (in Canada).
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