JLT predicts tough pricing environment in 2004
Premiums for casualty insurance, particularly for liability categories such as directors' and officers', employers' and product liability and medical malpractice, are likely to remain firm and even rise in 2004, according to a new report from Jardine Lloyd Thompson.
In its annual state of the market report, the broker says that a tougher pricing environment as insurers rebuild their balance sheets after suffering the worst losses in history, combined with a lackOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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