Analysis

Briefing: ‘Tis the season to be jolly?

By 2024-12-04T09:00:00

Mike Edgeley

Macroeconomic circumstances have buffeted the UK general insurance market in recent years – that trajectory looks set to continue as 2024 comes to a close and pressure points still pinch firms

I’m not sure I can remember such an eventful period in a long time.

The insurance sector has been doing its normal cycle of deciding it’s had enough of strong rate increases and has entered what many would call a softening market.

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