Hard European market set to last for at least two years, warns Aon

Aon said it is now clear that risk managers are heading towards a hard commercial insurance market in Europe following a decisive break in the last quarter of 2019, and warned there will be at least two years of rate increases before any stabilisation. Aon’s global chief broking officer, Hugo Wegbrans, said the firm’s Navigating a Changing Insurance Market report last…

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