Property D&F 1.4 outcome ‘better than expected’ amid inflationary pressures
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Property D&F 1.4 outcome ‘better than expected’ amid inflationary pressures

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Rates in the property direct and facultative (D&F) market have held up better than first expected at the key 1 April renewal, as underwriters seek to counter rising inflation and cat uncertainty.

London-based sources told Insurance Insider that on average, underwriters have registered rates in the mid-single digits at the renewal, which largely features US business and marks the start of a three-month period in which the majority of open market...

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