Soft market conditions reigned in Q1 2026, according to The Council’s P&C Market Survey
The results of The Council’s quarterly P&C Market Survey are now available, and for the first time since Q3 2017, survey respondents reported an average decrease in premiums across all account sizes, at -1.2%—a decisive sign of a softened market. Large account premiums fell an average of -2.7%, while medium account premiums slipped by -1.9%. Small account premiums rose by just 1.1%, a 60% decrease from the previous quarter’s 2.8% rise.
