Trend | Range | |
---|---|---|
Homes under $1,000,000 | +8% to +12% | |
Homes over $1,000,000 | +10% to +14% | |
Cat-exposed | +20% to +50% w/ limitation or non-renewal | |
Cat-exposed and/or losses | +50% or non-renewal | |
Auto | +10% to +12% |
2022 generated the worst loss ratios in more than 25 years for personal lines.
The capacity-starved industry will look to surplus lines markets to fill the gap of difficult placements across the country.
We anticipate a significant increase in auto premiums across the entire country.
Willis Towers Watson hopes you found the general information provided in this publication informative and helpful. The information contained herein is not intended to constitute legal or other professional advice and should not be relied upon in lieu of consultation with your own legal advisors. In the event you would like more information regarding your insurance coverage, please do not hesitate to reach out to us. In North America, Willis Towers Watson offers insurance products through licensed entities, including Willis Towers Watson Northeast, Inc. (in the United States) and Willis Canada Inc. (in Canada).