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Report

2024 Global Financial Institutions – Insurance Market Conditions

December 16, 2024

Our insurance market update on rates, coverage, capacity, and other observations for financial institutions across the globe in 2024.
Financial, Executive and Professional Risks (FINEX)
insurance-market-updates

Welcome to the Global Financial Institutions (FI) Insurance Market Report!

The global FI insurance market remains highly favorable across most financial, executive, and professional (FINEX) lines, providing insureds with competitive terms and broader coverage options. As the financial services landscape continues to evolve, insurers are adapting their strategies to address emerging risks in areas such as fintech, digital assets, and artificial intelligence (AI).

In this report, we delve into the latest market observations, including widespread rate reductions, capacity expansion, and a growing focus on emerging risks. We also provide actionable insights to help you navigate the challenges of regulatory pressures and evolving claims trends, ensuring your insurance program is well-positioned for the future.

We expect favorable rates for financial institutions to continue through 2025. Clients can navigate the insurance landscape confidently by leveraging the competitive environment and understanding evolving risks.”

Susan Finbow | Global Head of FINEX Financial Institutions

Download the full report to gain a comprehensive understanding of the current market dynamics and to discover how you can leverage these trends to secure the best possible coverage for your financial institution.

Contacts


Global Head of FINEX Financial Institutions
email Email

Tommy Edwards
Head of Financial Lines, Bermuda

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