Commercial P&C pricing down 1%: Barclays buyers survey

Early impressions of the 2017 renewals have left risk managers
expecting commercial US property and casualty (P&C) rates to be
down around 1 percent this year, according to a Barclays
report.
In its semi-annual buyers' survey, the bank's analysts
found that two-thirds of the 50 risk managers they asked expected
further commercial rate reductions, the highest level in six
years.
Barclays said most insurers were aggressive about retaining
business or targeting new books, however it noted that