Insurance Business has unveiled an updated Commercial Multiple Peril (CMP) Competitor Analysis, offering a fresh look at one of the insurance industry’s most varied and challenging sectors. This new report covers market shifts from 2014 to 2024, examining over 260 insurers and highlighting where the market is growing, shrinking, or holding steady.
The CMP line combines property and liability coverage, with property now making up about two-thirds of the premiums. Property insurance has benefited from rising property values, but liability coverage still faces tough times due to social inflation and increasing legal costs.
One of the key additions to the report is detailed state-level performance data. This includes maps showing which states lead the CMP market by share, how combined loss ratios vary across states, and where legal expenses weigh heavily on returns. The report also tracks how natural disasters and legal challenges affect results over time.
Gathering data from sources like NAIC filings and IBISWorld, the analysis helps insurers see where risks are concentrated and how profitability depends heavily on location, lawsuit trends, and exposure. There’s also a comprehensive appendix with all the underlying numbers for those who want a closer look.
For anyone involved in underwriting, distribution, or managing insurance portfolios, this updated CMP report offers valuable insights to compare themselves against the wider market and understand where opportunities and challenges lie.
The full report is available for download through Insurance Business’ website.