Willis expects North American pricing to ‘gradually soften’ in 2022
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Willis expects North American pricing to ‘gradually soften’ in 2022

Giovanna Bellotti Azevedo
November 16, 2021
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The hardening North American commercial market is expected to gradually moderate in 2022, bringing a deceleration in premium rate increases into 2022, according to the latest report by Willis Towers Watson.

In its “2022 Insurance Marketplace Realities” report, Willis said that the insurance marketplace has taken significant steps towards “correcting itself” after several annual cycles with “steep, often relentless increases”.

“A

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