The moderating market conditions that emerged for most lines of property and casualty insurance during 2023 continued into Q1 2024, as pricing and capacity in the property market shows material improvement, according to Aon’s report for Q1 2024.
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Well-capitalized markets, abundant capacity fuel insurer growth targets: Aon
Tailwinds from a profitable 2023 sent insurers into strong markets in Q1 2024.