Property market operating at ‘healthy levels,’ but rate cuts a ‘false hope’: RPS
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Property market operating at ‘healthy levels,’ but rate cuts a ‘false hope’: RPS

After the 2007-17 decade of “bad underwriting” carriers are recovering from “past sins”.

By Hal Stucker
March 14, 2024
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RPS group property.jpg

Calling 2023 a challenging year for buyers, brokers, and underwriters in the US property insurance market, AJ Gallagher’s wholesale broking arm Risk Placement Services (RPS) sees the marketplace in 2024 “finally operating at healthy levels”, according to a Q1...

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