‘Looming possibility’ of hull softening through 2024: Gallagher
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‘Looming possibility’ of hull softening through 2024: Gallagher

The broker said rising reinsurance costs after the Baltimore Bridge collapse could put a brake on softening in 2025.

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New entrants and increased appetite from incumbents in the marine hull class has created the “looming possibility” of widespread market softening through to the end of the year, according to a report from Gallagher.

The

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