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Commercial rate prediction charts for 2019

 

14 lines are expecting increases

Auto

+6% to 12%

Cargo

Flat to +15%

Casualty

Flat to +4%

Directors and officers

Flat to +5%

Employment practices liability

Flat to +5%

Energy

Flat to +10%

Environmental

Flat to +15%

Errors and omissions

Flat to +5%

Marine

Flat to +15%

Political risk

Flat to +5%

Product recall

Flat to +5%

Property

Flat to +10%

Senior living and long-term care

+5 to 30%

Trade credit

Flat to +5%

 

2 lines are expecting decreases

International Casualty

-5% to -10%

Workers’ Compensation

-4% to flat

 

9 lines are expecting a mix of increases/decreases

Aviation

-10% to +10%

Cyber Risk

-3% to +5%

Construction

-5% to +20%

Fidelity and Crime

Flat

Fiduciary

-5% to +5%

Healthcare Professional Liability

-7% to +10%

Kidnap and Ransom

-5% to +5%

Surety

Flat

Terrorism and Political Violence

Flat

 

Source/Details: Willis Towers Watson’s Marketplace Realities 2019 Report

Posted 10:23 AM

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