Public Liability

Public and product liability has delivered another profitable year, but the picture is far from simple. Claims farming bans promise some relief, yet litigation trends are tilting towards product liability and consumer actions. Meanwhile, PFAS looms as a potential ‘next asbestos’, with Australia’s first consumer class action now filed. Add early signs of market softening, and insurers face a delicate proposition: compete for share, or brace for emerging exposures that could redefine the risk landscape.