Insurance Brokers Warn on Renewal Pricing for Property
Renewal rates are still rising fastest for businesses in high-exposure locations, and the gap between quoted and settled premiums has widened.
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Renewal rates are still rising fastest for businesses in high-exposure locations, and the gap between quoted and settled premiums has widened.
Order intake slowed across the segment, and two manufacturers trimmed production schedules accordingly.
Several producers are changing recipes ahead of a regulatory deadline, with reformulation timelines running into next year.
Volumes rose while pricing on spot lanes softened, a combination operators attribute to added capacity rather than weaker demand.