US primary casualty rates enter softening territory: Willis
US primary casualty rates are falling for most buyers for the first
time in the current soft market, according to broker Willis.
In its 2016 marketplace preview report on the P&C sector the
firm predicted that commercial insurance rates will further soften
but industry consolidation will present challenges to insurance
buyers in 2016.
It said that a benign loss environment and oversupply from
traditional and non-traditional sources is continuing to fuel
market conditions.
And looking ahead t
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