New report predicts that macroeconomic fundamentals will be mixed for P&C insurer

A new report from the Insurance Information Institute (Triple-I) has identified slow

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According to Triple-I's Q1 2023 Economic Outlook, the property and casualty sector saw its cyclical

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underlying growth fail to materialize in the second half of 2023

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as interest rate cuts hit housing starts,

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corporate spending and vehicle spending. Impressed

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Additionally, P&C replacement costs,

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such as vehicle parts and housing construction materials, have slowed over the past two quarters, but are still 40%

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