On the carrier side, the data will be weighed against rising claims cost trends. Social inflation, higher jury awards, and litigation funding continue to pressure US casualty portfolios, particularly in auto and umbrella, while property underwriters remain exposed to secondary perils such as severe convective storms and wildfire, which have driven elevated US catastrophe losses in recent seasons. Slower rate increases are likely to sharpen the focus on technical pricing, expense management, and risk selection.
Commercial rate hikes slow in Q1 but stay elevated – Ivans Index
