No significant rate movements in US P&C as insurers remain comfortable: Novatae

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Reinsurance News - Jul 04, 2024

With the composite rate for US P&C insurance increasing slightly from 3.9% in Q1 to 4.36% in Q2, Richard Kerr, CEO of Novatae Risk Group, noted that “there was no significant movement in rates for any coverage or industry group” given that insurers are comfortable with pricing. Kerr&...

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