U.S. commercial insurance rates maintain predictable trend; highlighted by aggregate rise of 6.3% for Q1’2024
Willis Towers Watson Public Limited Company - Ordinary Shares (WTW)
Last willis towers watson public limited company - ordinary shares earnings: 2/26 04:05 pm
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Source: GlobeNewswire
NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- According to WTW, a leading global advisory, broking and solutions company, U.S. commercial insurance prices have maintained a steady trend with respect to consistent, routine, price increases. Based upon the company’s Commercial Lines Insurance Pricing Survey (CLIPS) for the first quarter of 2024, quarterly price increases of approximately 6% have remained steady since the global pandemic. The survey compares insurance prices on policies underwritten during the first quarter of 2024 to those prices for the same coverage in the same respective quarter of 2023 for a year-over-year perspective. The commercial lines insurance price change reported by carriers participating in the CLIPS study demonstrated an overall increase of 6.3% for the first quarter of 2024, nearly identical to the rate for the fourth quarter of 2023 for the same group of participants. Drilling down into specific commercial coverage areas contributing to the aggregate q
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WTW
Earnings
- 4/25/24 - Beat
WTW
Sec Filings
- 5/24/24 - Form 8-K
- 5/24/24 - Form 4
- 5/24/24 - Form 4
- WTW's page on the SEC website