Liability Market

UK liability market conditions “modestly challenging”, says Aon report

Aon has given its view of the UK and US liability market in its “Global Market Insights Q2 2021” report. It said that conditions in the UK liability market are modestly challenging, although there is still competition for favourable risks. It said insurers are keenly focused on risk quality, and while capacity is sufficient, insurers are deploying it with caution. Coverage terms and conditions are being clarified and tightened, and deductibles are generally stable except on challenged risk types and difficult coverages, said Aon.