Overview
Many insurance professionals are wondering how US energy policy will impact the growth of renewable energy. Many insurance carriers in the energy sector saw profitability in 2024 despite significant CAT events. In 2025, the market continues to deliver a stabilized and softening underwriting environment characterized by flat or decreasing rates, increased CAT sub limits and overall improvement of coverage terms.
In Q1, property pricing and retention decreases became a reality and are expected to continue throughout the year. Casualty insurance lines have had mixed results through 2024, with specific liability lines of coverage and perils presenting new challenges.
This year, carriers are focused on retaining existing business and growing the book as competition steadily increases. There is a capacity influx helping stabilize markets, and aggressive carriers are looking for market share. Both domestic and new London…
