Editor's note: This entry originally appeared on Marsh's website. Steve Kempsey is U.S. casualty practice leader at Marsh.
Early each year, Marsh’s U.S. Casualty Practice considers the key trends that it expects to drive the casualty market in the coming months. Following, Marsh presents its views on how those trends could affect risk managers' companies.
1. Average Rate Changes To Be More Stable: Insurers continue to seek rate increases, but abundant capacity helped to stabilize the market in the second half of 2013. This trend should continue in 2014.
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