Softer conditions, strong M&A activity, and improved market infrastructure should drive renewed deal momentum following a 2024-2025 slowdown, according to the broker.
Four consecutive years of W&I rate declines in Asia-Pacific have coincided with rising claims notifications and MGA exits, as competition among insurers and agents intensifies.
The W&I product expansion looks to address both historical and future risks with "predictable cost structure" for cyber, environmental, D&O, and crisis management add-on covers.
