Rate increases boosted modest premium growth in the first quarter for QBE Insurance Group Ltd., as the international underwriter noted catastrophe losses in line with its allowance.
Tag: rate hikes
USI: Property Lines with Poor Loss History to See Rate Hikes Up to 150%
According to USI Insurance Services, cat or non-cat property with a poor loss history or risk quality may see rate increases of up to 150% in the first half of 2023.