Property rate increases likely to slow in 2024, though casualty rates to see additional firming: Amwins
Amwins is anticipating a slowdown in property rate increases for most insureds, but foresees additional firming of casualty rates for 2024, according to its “State of the Market 2024 Outlook” report.
The Amwins report said the property market remains “challenging,” as secondary perils continue to face higher scrutiny and definitions of catastrophe exposure across the US are re-examined.
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