Professional indemnity insurance rates plunge amid new competition, says Clyde & Co

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Reinsurance News - Dec 10, 2024

Professional indemnity (PI) insurance rates are falling at an unprecedented pace, with 56% of market participants predicting no rate increases in 2024, according to a new report from law firm Clyde & Co. The findings highlight the growing impact of competition from new entrants, particularly Man...

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