ABI will accept ‘misguided’ Ogden rate change The industry association opts not to seek a judicial review over the UK government’s slender 0.5 point increase to the discount rate.
Commercial P&C rates up 6.2% in Q3 in ‘unconventional hard market’ : CIAB Umbrella and commercial auto price growth nears double digits.
North P&I club to hike rates by 7.5% for 2020-21 policy period The mutual said the rise was necessary to ensure financial stability amid rising claims.
Willis predicts widespread US rate rises in 2020 The broker expects public company D&O and cat-exposed property risks to receive high double-digit rate increases.
D&O rates predicted to soar as underwriters retreat from IPOs: USI D&O rates are expected to increase generally 25 to 50 percent over Q4, although rates for some “troubled” accounts may double.
