Analyst highlights factors contributing to improved performance across sectors
The latest Insurance Marketplace Realities report from global advisory firm WTW (Willis Towers Watson) has revealed a balanced and stable outlook for commercial insurance rates in North America.
According to the report, most lines of business have seen steady conditions, with no dramatic shifts in pricing throughout 2024. Jon Drummond, head of broking, North America at WTW, noted that the market has been responding to emerging trends in a measured way.