Hard market to continue, with some lines facing 100% rate hikes: Risk Strategies
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Hard market to continue, with some lines facing 100% rate hikes: Risk Strategies

Eileen AJ Connelly
February 04, 2022
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Reduced capacity and strict underwriting in transportation lines are expected to generate some of the largest rate increases for 2022, with the potential for 100% leaps in the umbrella market, according to Risk Strategies.

The broker's State of the Market 2022 Outlook predicts a hard market across the vast majority of P&C lines, with rates in transportation, education, fine art, marine and cyber expected to gain the most.

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Eileen AJ Connelly
Contributing Editor
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