Looking Ahead: A Guide to Property & Casualty Risk Management and Insurance in 2024
Published on January 11, 2024 • JD Supra
Inflation—both economic and social—continues to contribute to premium increases in the P&C insurance market, and rising reinsurance costs due to severe weather events have led to higher property insurance costs. However, we don’t expect significant rate increases in 2024—most P&C buyers should see single-digit percentage increases, like what they’ve seen in 2023.