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Willis Towers Watson report highlights hard US casualty market

Liability Risk and Insurance

Willis Towers Watson report highlights hard US casualty market

North America commercial insurance prices are expected to increase in every line of business, according to Willis Towers Watson’s (WTW) “2021 Insurance Marketplace Realities” report. On the casualty side, WTW said the factors behind the continuing hard market include the rise in severity for liability losses of all types attributed to “social inflation”, together with the impact of the pandemic.

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