P&C rates ‘unlikely’ to fall despite strong Q1 carrier results: Lockton
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P&C rates ‘unlikely’ to fall despite strong Q1 carrier results: Lockton

Kyoung-son Song
July 21, 2022
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Property and casualty insurers are unlikely to lower rates anytime soon as the industry remains “laser focused on profitability” in an uncertain macroeconomic environment.

The P&C industry is in a far stronger financial position than it was just a few years ago, Lockton said, as more stringent risk selection, higher attachments and retentions, reduced capacity, higher rates and a recovery from shutdowns of...

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Kyoung-son Song
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