Meanwhile, US-exposed risks add a further layer of complexity. Risks with US exposure saw selective rate increases, some in the double digits, with US auto liability underwriting tightening through higher attachments, shared loss structures and telematics requirements for affected clients. That divergence between Canada-specific and US-exposed risk is a theme Canadian brokers and risk managers will likely watch closely, particularly for clients with cross-border operations navigating ongoing trade uncertainty between the two countries.
