H1 rate increases fail to keep pace with loss costs: Gallagher Re
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H1 rate increases fail to keep pace with loss costs: Gallagher Re

Rachel Dalton
September 06, 2022
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Rate increases during the first half of the year were not high enough to counterbalance the impact of inflation on loss costs, according to a Gallagher Re report.

Gallagher Re tracks an index of carriers with capital or net written premium (NWP) of at least $1bn and for whom 10% of group NWP is reinsurance.

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