Insight and Intelligence on the London & International Insurance Markets

9 February 2012

Excess capacity continues to drive down commercial lines rates: RIMS

22 July 2010

The soft market conditions for US commercial insurance show no sign of abating as excess capacity continued to push down rates in Q2, according to the latest RIMS Benchmark Survey.

The survey, compiled by information provider Advisen Ltd, found that risk managers reported decreases in average renewal premium of between 2.5 and 3.8 percent for property, general liability, directors' and officers' (D&O) and workers' comp cover.

The biggest falls were in workers' comp, with a decrease in average renewal premium...

You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.

Purchase


Share:

Insider Publishing Limited - 2nd Floor Asia House, 31-33 Lime Street, London, EC3M 7HT, United Kingdom. The content of this website is copyright of Insider Publishing Limited 2012. All rights reserved Insider Publishing Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.

Π