'No real sign' of let up in market firming: RSG's Turner
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'No real sign' of let up in market firming: RSG's Turner

Ryan Specialty logo new chicago with Tim Turner.jpg

Ryan Specialty Group president Tim Turner said that while there may have been some deceleration in rate increases, the wholesale channel continues to be in “a prolonged hard market”, and conditions remain “very firm” in high hazard segments of business.

Speaking at the Inside P&C North America conference on Monday, the executive said that heavy storm activity such as Hurricane Ida and large jury awards – so-called “nuclear verdicts” – have kept pressure on pricing and continued to push...

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