Commercial lines index hints that soft market may be bottoming out

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‘While it is unclear when markets will harden, the decrease in rate softening is an indication that this may be starting to happen and this will be welcome news,’ says director

Although rates in the UK commercial lines market have continued to soften, the pace at which this is occurring has decreased substantially in Q2 2025 – offering the first hint that the soft market may be bottoming out.

These findings come from the latest edition of the Insurance Times Commercial Lines Premium Index, in association with software house Open GI.

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