AXA XL Credit and Surety Market Survey 2025

This document is a market survey report conducted by AXA XL, focusing on the Credit and Surety insurance sectors. The survey aims to analyze the impact of recent global events, including the Covid-19 pandemic and geopolitical tensions, on market performance and growth opportunities. It presents key findings from industry professionals regarding market trends from 2022 to 2024 and projections for 2026. The report outlines substantial growth in premium volume, driven by inflationary pressures, economic recovery, and increased demand from banks. It also discusses the influence of the Basel IV Accord on bank business and the role of artificial intelligence in underwriting and risk assessment. Additionally, the report addresses the environmental, social, and governance (ESG) factors affecting the sector, particularly in relation to the energy transition. The findings are based on insights from senior industry professionals and highlight the challenges and opportunities within the market landscape.