Woodruff Sawyer predicts single-digit rate increase in 2024 for P&C rates
Reinsurance News - Dec 14, 2023
Single-digit rate increases are expected in 2024, similar to the ones seen in 2023, according to Woodruff Sawyer’s recently published P&C Looking Ahead Guide. Despite economic and social inflation continuing to contribute to premium increases in the P&C insurance market, and rising reinsuran...
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