London market execs warn of rate momentum ‘fragility’ as slowdown sets in
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London market execs warn of rate momentum ‘fragility’ as slowdown sets in

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The London market has seen a marked slowdown in specialty insurance rates year-on-year, in the latest evidence that the recent upswing in rates is starting to lose steam after three years of acceleration.

A wide canvass of London market executives by Insurance Insider found that while the market was still rising, the blended risk-adjusted rate increases being achieved across portfolios were noticeably lower than those booked this time last year, or even...

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