Underwriting discipline helped the credit and political risk insurance (CPRI) industry post strong growth in 2025, according to the latest analysis from Howden Re. The company’s Managing Director, Global Specialty Treaty, Phil Bonner said, “despite macroeconomic and geopolitical volatility, claims experience remained stable with pricing easing only gradually and underwriting rigour continuing to distinguish CPRI from broader commercial lines.”
Howden Re points to some challenges, including a shortage of experienced underwriting talent. Read the market analysis and expectations for 2026 here.
