The stats: Hard market remains - but for how much longer?

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Property and fleet rates remain stubbornly high as shown by the latest Q4 figures from the Acturis Commercial Lines Index, Rachel Gordon reports.

News that the UK’s recession from the last two quarters of 2023 was mild is welcome and even more so that the economy is now showing signs of a tentative upturn. 

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Government starts discount rate review

The Ministry of Justice has confirmed the start of the 2024 review of the personal injury discount rate in England and Wales with a decision due no later than 11 January 2025.

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