NFP：2025年末财产与意外伤害险客户趋势报告（英文版）（76页）.pdf

1、2025 Year-EndNFP Property and Casualty Client Trend Report Table of Contents 3 Construction and Infrastructure14 Energy 22 Environmental 27 Financial Institutions 37 Law Firm Practice44 Life Sciences48 Management,Cyber and Professional Liability58 Private Equity62 Real Estate 73 ContactsPrice Change

2、2025 Year-End NFP P&C Client Trend Report|3Construction and InfrastructurePrimary Casualty,Excess Casualty,Builders Risk,Surety,Subcontractor Default Insurance,Construction Professional,Wrap-Ups(OCIP and CCIP)0%5%10%15%20%25%30%Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Forecast20222023202420252026Primary Casu

3、altyExcess CasualtyBuilders RiskWrap-UpsProfessional Liability2025 Year-End NFP P&C Client Trend Report|4Construction and Infrastructure H2 SummaryThe North American construction and infrastructure sector closed the second half of 2025 facing a familiar mix of ongoing pressures and evolving market c

4、onditions.Contractors continued to face elevated claim severity,persistent litigation trends and inflation,particularly in labor and materials,even as certain areas of the insurance market began to show signs of stabilizing.Rising jury verdicts,higher repair costs,selective underwriting and social i

5、nflation remained central challenges throughout H2.In response,carriers continued to sharpen underwriting standards and tighten policy language,especially around emerging exposures such as biometric data,PFAS and technology-related risks.Third-party litigation funding also continued to influence bot

6、h the frequency and cost of claims,reinforcing a cautious approach across casualty and property lines.Labor constraints remained another defining theme.Across multiple product lines,carriers emphasized stronger risk controls and higher retentions,with underwriting outcomes increasingly tied to the q