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A canvassing of the cyber market suggests the impact will be negligible. -
The range allows “for information that could emerge beyond what is known today”.
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The appointments are aimed at offering a clearer team structure.
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Property insurance rates declined by 9%, the same as in the prior quarter.
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WTW’s Jessica Klipphahn will take over as head of North America mid-market.
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Property pricing fell by 8%, while casualty rate increases tapered to 3%.
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AWS suffered a large-scale service disruption originating in northern Virginia.
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Christopher Reynolds and AJ Jones have been hired as business development directors.
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Property, cyber and workers’ comp rates were all down mid-single digits, offsetting casualty hardening.
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An average of 81% of property accounts renewed flat or down.
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Growth concerns were top of mind at this year’s conference.
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Insurers continue to compete on price, especially in the SME sector.
