Insurance pricing to decelerate, analysts predict
Posted On: Apr. 26, 2021 9:41 AM CSTAnalysts at Willis Towers Watson PLC said that property insurance and reinsurance pricing increases are set decelerate in the coming months, Reinsurance News reported. According to the analysts, property rate hikes have not been as sharp as predicted but the severity of insured and reinsured losses is likely to maintain pressure on the pricing for the rest of the year.