A Wilson M. Beck Global Risks' Trend Report: Supply-Chain Disruption Signals for 2026. Spot the Signals. Shape the Future. Turning Disruption into Opportunity

As of November 1, 2025, insurers must receive the premium payment before coverage can be issued or become effective under most non-life insurance policies. This “Cash Before Cover” (CBC) requirement changes how multinational programs should be structured and administered. For companies operating in China or including Chinese subsidiaries within global insurance programs, the rule has practical implications for timelines, payment coordination, and coverage continuity. Here

After several years of sustained rate increases and tightening underwriting conditions, the commercial insurance market is demonstrably shifting. Multiple global indices now confirm that pricing has stabilized - and in come cases have even declined - marking a clear transition from the hard market conditions of 2020–2023.