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Specialty insurance rates drop sharply in H1 2026, accelerating rate softening trend.

Market News
27 Oct 2026, 11:00 WIB
GlobeNewsWire
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Bearish
Specialty insurance rates drop sharply in H1 2026, accelerating rate softening trend.

Specialty insurance rates fell significantly in the first half of 2026, with July renewals showing declines up to 17% net of claims and exposure trends, marking a faster rate softening than in 2025. Both insurance and reinsurance rates dropped by 4% to 6% net of trend, eroding about 65% of the rate gains made since 2017. Property insurance saw the steepest declines, while casualty rates increased but still fell short of covering claims trends. This trend reflects weakening market conditions across multiple specialty insurance classes, impacting pricing and risk management strategies going forward.

Specialty insurance rate softening is the topic, with Pluang's Financials-sector data providing market context. As of Oct 27, 2026 14:51 WIB, out of 142 priced US Financials stocks, 73 rose and 58 fell. Notable price changes include MFG at USD 9.69 with a 1.89% increase and 100% sell order activity, XP at USD 15.97 with a 1.69% increase and 95% buy order activity, and CINF at USD 180.00 with a 1.52% increase and a typical hold time of 86 days on Pluang.

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