THURSDAY, NOVEMBER 15, 2018
Commercial rate prediction charts for 2019
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14 lines are expecting increases
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Auto
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+6% to 12%
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Cargo
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Flat to +15%
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Casualty
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Flat to +4%
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Directors and officers
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Flat to +5%
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Employment practices liability
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Flat to +5%
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Energy
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Flat to +10%
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Environmental
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Flat to +15%
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Errors and omissions
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Flat to +5%
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Marine
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Flat to +15%
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Political risk
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Flat to +5%
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Product recall
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Flat to +5%
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Property
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Flat to +10%
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Senior living and long-term care
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+5 to 30%
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Trade credit
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Flat to +5%
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2 lines are expecting decreases
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International Casualty
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-5% to -10%
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Workers’ Compensation
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-4% to flat
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9 lines are expecting a mix of increases/decreases
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Aviation
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-10% to +10%
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Cyber Risk
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-3% to +5%
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Construction
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-5% to +20%
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Fidelity and Crime
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Flat
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Fiduciary
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-5% to +5%
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Healthcare Professional Liability
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-7% to +10%
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Kidnap and Ransom
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-5% to +5%
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Surety
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Flat
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Terrorism and Political Violence
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Flat
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Source/Details: Willis Towers Watson’s Marketplace Realities 2019 Report
Posted 10:23 AM
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