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The casualtyinsurance market is currently experiencing unprecedented volatility, with significant pricing fluctuations and escalating loss costs becoming the norm. Bill Chepulis, Head of Large Casualty for Zurich North America, noted that the market in 2025 will likely resemble the challenging conditions of recent years.
property and casualtyinsurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. Generalliability has worsened and is expected to be unprofitable through 2026.” represented a 2.3-points
The lines of coverage written typically are those with more predictable losses, such as workers compensation, generalliability, and automobile liability and physical damage.” Group captives can provide a viable way to protect companies across several lines of casualtyinsurance.
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