P/C Market to See Only Moderate Changes in Rates in 2012: Willis

property/casualty insurance rates will continue to be flat to with some slight increases or decreases. Some exceptions to that trend include catastrophe-exposed property programs and employee benefits, which are experiencing notable price increases. Willis sees the stability of the current insurance marketplace as a indicator of potentially explosive growth that the industry could experience around the globe in the next decade.

Source:Insurance Journal

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