Over the past 12 months, the global cargo insurance market has entered a new, more competitive phase, creating opportunities for brokers to leverage increased capacity and drive value to their clients.

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Renewable energy insurance outlook for 2026 remains positive with continued rate reductions and expanded capacity. Solar portfolios benefit from lower 2025 US severe convective storm losses, while BESS sees 20-40% market corrections. China's dominance in manufacturing drives global premium flows and competition among carriers.

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2026 midstream insurance outlook shows increased capacity and competitive pricing driven by strong five-year performance. Underwriters from upstream and downstream sectors target midstream opportunities as natural gas solidifies its role as transition fuel with rising consumption and LNG exports.

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