1、Surveying commercial insurance2024 Q4 UpdatePricing and profitability 2025 WTW.Proprietary and confidential.For WTW and WTW client use 1Now more than ever,price monitoring is key 2025 WTW.Proprietary and confidential.For WTW and WTW client use only.How are prices affected by changes in investment in

2、come?What is really happening to underwriting results?How does pricing compare to industry?How are loss costs changing?Most of the lines continued to have moderate to significant rate increases in Q4Year-over-year price level change 2025 WTW.Proprietary and confidential.For WTW and WTW client use on

3、ly.0%1%2%3%4%5%6%7%8%9%2022-22022-32022-42023-12023-22023-32023-42024-12024-22024-32024-Loss ratios continue to develop favorably in 2024(1.9%)(2.8%)-5.0%-4.0%-3.0%-2.0%-1.0%0.0%1.0%2022-20232023-2024 2025 WTW.Proprietary and confidential.For WTW and WTW client use only.3Change in earned loss ratios

4、Source:2024 Q4 CLIPSIn this context,reliable information on how your company compares to the marketplace is crucial4 2025 WTW.Proprietary and confidential.For WTW and WTW client use only.CLIPS is WTWs U.S.commercial lines pricing and profitability surveyInformation comes directly from carriersData-b

5、asedFreeConfidentialOnly participants receive the detailed survey CLIPS gives participants more and better historical information on pricing and profitability We collect information from participating companies each quarter Estimated price changes by quarter for the last two yearsYear-over-year perc

6、entage changesIncluding the effects of coverage changes as well as ratesIncluding new business if available Estimated increases in loss costs by year for the last two years We deliver customized summary results back to the participants 2025 WTW.Proprietary and confidential.For WTW and WTW client use