Umbrella
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Strong underwriting performance and aggressive repricing of risks in most lines has aided stability. -
He was most recently middle market casualty leader and EVP at Chubb.
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The take-up rate will depend on the price discount and market segment.
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The amount of change over the past year falls short versus the discourse.
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Rate increases averaged 0.0% in December 2024, from 16.3% in December 2023.
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However, rate gains again accelerated year over year for all lines except workers compensation.
