Widespread Market Firming Unlikely Even as Property Rates Rise: WTW

Commercial property insurers are seeking double-digit rate hikes on catastrophe-exposed insurance programs following 2017’s record catastrophes; however, abundant capacity in the form of traditional and alternative capital is likely to depress widespread market firming, according to global advisor Willis Towers …
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Widespread Market Firming Unlikely Even as Property Rates Rise: WTW was originally posted by ClaimsMate.com Insurance Information Resources