Large losses and valuation fears signal more power hardening: WTW
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Large losses and valuation fears signal more power hardening: WTW

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WTW has said that power rates are likely to see ongoing hardening as the market continues to absorb large losses and insurers address valuation concerns linked to inflation.

In a review of the market, the broker said that 2022 may turn out to be the heaviest loss year since 2018, potentially exceeding $2bn.

Given

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