The U.S. property insurance market is expected to maintain its competitive edge through the first half of 2025, driven by increased capacity and aggressive growth plans from domestic insurers, Managing General Underwriters (MGUs), and participants from the London market. According to a report by Ryan Specialty’s RT Property division, this heightened competition has led to rate reductions and more relaxed terms for insured parties.
The increased capacity in the market has resulted in a more favorable environment for those seeking property insurance. Insurers are offering better terms to attract and retain clients in a crowded marketplace. This trend is expected to continue through the first half of the year, benefiting businesses and organizations looking for property insurance coverage.
