MarketScout sees US P&C rates down 5% in January
Rates for US property and casualty insurance fell by 5 percent on average in January, according to the latest market barometer from Texas-based insurance exchange MarketScout.
The electronic exchange's analysis of new and renewal placements recorded rate decreases of 5 percent for general liability and commercial property.
Other significant falls were registered in business interruption cover (down 4 percent), inland marine (down 4 percent) and business owners' policies (down 3 percent).
The barometer also showed that large accounts are suffering...
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
Follow us:
