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Best's 2025 Market Segment Outlooks

Best's 2025 Market Segment Outlooks


Presented by AM Best

AM Best’s 2025 Market Segment Outlooks cover:

  • Global Reinsurance – the segment outlook remains Positive, owing to strong underwriting profit margins, stable property rates and terms, and solid capitalization
  • US Commercial Lines – the segment outlook remains Stable, owing to strong underwriting performance, improved investment returns, countered by social inflation and rising climate risk
  • US Personal Lines – the segment outlook improves to Stable, owing to improved rate and pricing conditions, particularly in the auto space, as well as solid risk-adjusted capitalization, among other factors
  • US Life/Annuity Insurance – the segment outlook remains at Stable, owing to strong capitalization industry-wide, top-line growth in most core lines, and consistent profitability
  • Delegated Underwriting Authority Enterprises – outlook for the global DUAE remains at Positive, owing to sustained growth and niche expertise, despite potential capacity challenges
  • US Health Insurance – outlook for the segment remains at Stable, owing to good capitalization and liquidity, favorable net investment income, and profitability, despite declining underwriting results

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