Large losses and valuation fears signal more power hardening: WTW
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Large losses and valuation fears signal more power hardening: WTW

WTW logo upstream energy 2.jpg

WTW has said that power rates are likely to see ongoing hardening as the market continues to absorb large losses and insurers address valuation concerns linked to inflation.

In a review of the market, the broker said that 2022 may turn out to be the heaviest loss year since 2018, potentially exceeding $2bn.

Given

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