The first undertones of rate hardening in the market place now appear to have given way to a distinct hum with increases gathering pace.
There is a growing consensus from insurers that commercial rates across the board are hardening, albeit not as quickly as they would deem necessary, but definite strengthening nonetheless. The latest Acturis Premium Index has added further support to the view that this is taking place. The figures area measure of premium and thus are potentially impacted by an increase in size of risk aswell as by rate hardening.
Click here to download the full Insurance Age article.
Related articles
17th December 2024
13th September 2024