CB · News · 20260818N

Market Demand Trends

Chubb Ltd · 2026-08-18 · Importance 25 · Surprise 32

The global commercial insurance market is projected to grow from USD 1.47 trillion in 2025 to USD 2.07 trillion by 2031, representing a 5.86% CAGR. Demand is being driven by increasing cyber exposure, climate-related losses, and rising insurance adoption among small and midsize enterprises. North America, Europe, and Asia-Pacific are identified as key growth regions, while cyber insurance, professional and financial lines, and property coverage are highlighted as opportunity areas. Underinsured SMEs, digital sales, and AI-enabled underwriting are cited as important channels and capabilities for market expansion.

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