Commercial Property

The shifts redefining risk in commercial property

The commercial property market is shifting, and understanding these changes is essential. After a year of improved profitability and softer market conditions, insurers are now facing new priorities. From more competitive terms and premium pressure to a stronger focus on risk mitigation, the industry is evolving fast. Cyber risk management is receiving more attention, while the transition to renewable energy introduces fresh challenges. How will these forces shape your risk strategy in the year ahead?

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Combined ratio
%
More risks written
%
Lower average premium

Charts

The market is softening following four profitable years

Refer to about the data for the fine print; September 2023 quarter is excluded from 2024 figures.

Gross written premium

Reporting year ending 30 June

Net combined ratio

Reporting year ending 30 June

Year-on-year change in gross written premium

Reporting year ending 30 June

Gross loss ratio

Reporting year ending 30 June

Our experts and contributors

Jonathan Cohen

Principal

Ross Simmonds

Director

Scott Duncan

Principal

Andrew Yeo

Manager

Jason Raad

Manager

Luca Di Conza

Consultant

Olivia Ai

Consultant

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