Insight and Intelligence on the London & International Insurance Markets 22 Jan 2018
Analysts eye rate increases at 1.6 and 1.7
- 9 January 2018
As equity analysts digested the disappointing renewal rates from 1 January, there was a growing sense that further price increases could be seen during the mid-year US renewals.
Referencing the broker renewals reports from Willis Towers Watson and JLT Re - which pointed to low-single digit rate increases on average during 1 January - most analysts noted that January's rate hikes were an improvement on the prior-year period, but a lot lower than what bullish commentators had predicted.
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