Brown & Brown not expecting significant upward pressure on casualty pricing: CEO
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Brown & Brown not expecting significant upward pressure on casualty pricing: CEO

Brown & Brown j powell brown new.jpg

Brown & Brown CEO J Powell Brown has said he “would be surprised” to see significant upward pressure on casualty pricing despite recent commentary from (re)insurers about the need for additional rate in the segment.

On a call with analysts, the executive said: “The industry has been talking about the inadequate pricing of casualty since [at least] 1990, and the industry has not done a very good job of being able to increase the...

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