The REDY Index leverages CRC Group’s collection of actionable data—the wholesale industry’s largest. It provides critical pricing analysis monthly, giving you a snapshot of the marketplace. The REDY Index generates instant intelligence on pricing trends by industry or coverage, enabling our retail partners to set accurate data-driven expectations with their clients. Removing the guesswork empowers CRC team members to negotiate competitively, consistently producing better outcomes, better deliverables, and better results.
Monthly Renewal Pricing Analysis
Results displayed above reflect average CRC Group Excess + Umbrella renewal pricing changes by month (over the previous 12 months). Results are limited to brokerage accounts that renewed in the same month as the prior year with the same total account limits. To remove outliers, the top and bottom 1% of accounts by YoY % change have been removed, as well as the top and bottom 1% of accounts by rate online (Premium/Limit*100). The REDY Index is intended for educational purposes only as individual accounts typically differ from average pricing trends.
Ongoing Excess + Umbrella Issues
Excess casualty pricing is decelerating once again in Q3:
First-half 2026 excess and umbrella renewals decelerated, averaging 6.3% to 10.7%, down from the 12% to 16% levels of the prior year, and umbrella renewal increases measured 8.1% in July, 11.8% in August, and 6.6% in September 2026. Despite some month-to-month volatility, September’s results reflect renewed deceleration in pricing. Rate relief is becoming more common, particularly for accounts with favorable loss experience.
Rate relief is broadening, but underwriting discipline remains:
Most excess liability placements are seeing greater pricing flexibility, although risks with poor loss experience or exposure in challenging legal venues remain exceptions. Carriers continue to maintain discipline around deployed limits, attachment points, and coverage terms while showing greater willingness to negotiate pricing. However, underlying loss cost trends, estimated at 8% to 15% for many carriers, may limit the potential for widespread rate decreases.
Excess capacity remains concentrated in smaller layers:
Most carriers continue to deploy capacity in $5 million or $10 million increments, with limits above $10 million uncommon for many risks. Layering and quota-share participation remain common approaches to structuring excess liability towers.
Challenging classes continue to face pricing and capacity constraints:
Large fleets remain difficult to place, while habitational and hospitality risks in challenging venues continue to encounter rate increases and more restrictive terms and conditions. Accounts with favorable loss histories, detailed underwriting information, and documented risk controls are best positioned to secure competitive pricing and terms.