Specialty insurance rate declines accelerate in 2026, WTW survey shows

• WTW's specialty insurance survey showed insurance and reinsurance rates fell 4% before claims and exposure trends in first-half 2026, or 6% adjusted.
• Softening accelerated at July 1 renewals, with insurance rates down 6% before trend adjustments, or 9% adjusted.
• Property recorded the steepest decline at July renewals, with rates down 17% net of trend.
• Casualty rate increases of 6% lagged estimated claims trends of 8% at July renewals, implying an effective 2% reduction.
• By July, roughly 65% of the cumulative 50% trend-adjusted rate gains achieved between 2017 and the 2023 peak had eroded.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Willis Towers Watson plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610270400PRIMZONEFULLFEED9852223) on October 27, 2026, and is solely responsible for the information contained therein.