In its October report, Plane Talking, JLT remarks that insurance rates are up, albeit the variation seen between the hull and liability rate changes of each individual renewal is large. “In general a ‘normal’ risk with ‘normal’ growth could expect to receive a relatively minor increase, conversely those affected by loss or those with significant reductions in exposures are likely to experience greater increases. A key factor of this differentiation in rating comes as underwriters, still pushing for rate increases, remain under pressure to maintain or grow premium levels.” There is also no let-up in the availability of capacity, this

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