Market update - High net worth: Time to raise rates in HNW?
Rates in the high net worth market are failing to reflect the risks posed, despite high claims costs. Chinwe Akomah reports on a sector that is starting to come under pressure to deliver results.
High net worth is often cited as one of the most glamorous areas of the insurance industry, even being dubbed by some as the ‘Holy Grail’ of insurance.
It’s not difficult to imagine why. Major HNW
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