As the world inches closer to a post-pandemic economy, businesses will face a new risk landscape shaped by the challenges of the past year and a half.
The hard market conditions continue to affect property and casualty business lines. However, even in a tough market, businesses can take steps to improve their risk profiles, reduce costs and ultimately increase profitability, said Robert Meyers, senior vice president and property & casualty leader at USI Insurance Services, in the broker's 2021 Mid-Year Commercial Property & Casualty Market Outlook report.
The report highlights rate changes across six lines of P&C business and also identifies the trends that will impact insurance clients through the remainder of this year.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
