Triple-I: Insurance Economic Drivers Outperforming Overall US GDP, and Likely to Gain Further Momentum on Federal Reserve Cuts
April 12, 2024
April 12, 2024
NEW YORK, April 12 (TNSres) -- The Insurance Information Institute issued the following news release:
The economic drivers of the U.S. property/casualty (P/C) insurance industry are now growing faster than the nation's Gross Domestic Product (GDP) and are expected to gain further momentum in the event of Federal Reserve monetary rate cuts, according to the Insurance Information Institute's (Triple-I) latest Insurance Economics Outlook.
"We've been forecasting that . . .
The economic drivers of the U.S. property/casualty (P/C) insurance industry are now growing faster than the nation's Gross Domestic Product (GDP) and are expected to gain further momentum in the event of Federal Reserve monetary rate cuts, according to the Insurance Information Institute's (Triple-I) latest Insurance Economics Outlook.
"We've been forecasting that . . .