Insurance buyers enjoyed favorable market conditions across most segments of the commercial lines market in the first half of 2024. D&O and Cyber led the way in premium decreases, even benefiting companies with claims activity. The Property market is also improving; while rates are still rising, the increases are significantly smaller. Companies with good loss experience and high-quality risk management might even see a flat renewal. However, on the Casualty side, auto, general liability and umbrella placements remain challenging, with buyers likely facing rate increases in these lines.
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