‘No end in sight’ for property D&F rate hikes ahead of 1.6 renewals
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

‘No end in sight’ for property D&F rate hikes ahead of 1.6 renewals

Aisling Finn
31 May 2023
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
aerial view of City of London skyline with inflation graph.jpg

The London property direct and facultative (D&F) market is still seeing huge rate increases ahead of the key 1 June renewal date, creating “the hardest market many of us have ever seen,” sources told this publication.

A canvass of London market D&F players by Insurance Insider estimated the average risk-adjusted rate increase ahead of the 1 June renewal will be around 15% on clean accounts, with loss affected accounts seeing rates double year-on-year.

Earlier

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsLondon marketProperty D&F Ratings actions
1 new headshots/aisling finn 2024 ii red 2.png
Aisling Finn
Reporter
Contact
Gift this article