The P/C market is in a hardening pricing phase, gaining momentum in the latest quarter. (Photo: Shutterstock)
After gaining momentum in recent quarters, the U.S. property and casualty (P&C) insurance market is entering a hardening pricing phase, with favorable pricing trends expected to continue in the current P&C underwriting cycle, says Fitch Rating's new report, "The Property/Casualty Underwriting Cycle: Shallower Market Peaks and Valleys Ahead."
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Heather A. Turner
Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].
