THURSDAY, NOVEMBER 15, 2018
Commercial rate prediction charts for 2019
14 lines are expecting increases
|
Auto
|
+6% to 12%
|
Cargo
|
Flat to +15%
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Casualty
|
Flat to +4%
|
Directors and officers
|
Flat to +5%
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Employment practices liability
|
Flat to +5%
|
Energy
|
Flat to +10%
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Environmental
|
Flat to +15%
|
Errors and omissions
|
Flat to +5%
|
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%
|
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%
|
Cyber Risk
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-3% to +5%
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Construction
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-5% to +20%
|
Fidelity and Crime
|
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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