Gallagher Specialty’s H1 2025 Construction Market Update
The H1 2025 Construction Market Update highlights a softening insurance market across construction, professional indemnity, and motor lines. Increased competition and new market entrants are driving rate reductions, especially for well-managed, low-risk projects.
While coverage remains stable, insurers remain cautious about cladding, fire safety, and insolvency risks. The market outlook depends on NatCat activity and continued underwriting discipline.
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