GS Group: market overview

Commercial Insurance markets generally continue to be reasonably flat and we do not foresee any significant up-lift in rates within the motor fleet market in particular over the next 12 months for risks that continue to perform well.

Commercial-Insurance-marketsCommercial Insurance markets generally continue to be reasonably flat and we do not foresee any significant up-lift in rates within the motor fleet market in particular over the next 12 months for risks that continue to perform well. Standard light commercial and private car fleets continue to appeal to mainstream insurers and competition in this market dictates that rates will remain low; although most insurers would try to carry nominal increases of around 5-7.5%, most will invite renewal at expiring rates if under competition. …Read More

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