Tariffs Pressure Canada, Mexico, China, US Insurers Globally
Tariffs imposed on Canada, Mexico, and China could indeed create pressure on U.S. insurers, particularly in the property and casualty (P&C) and reinsurance sectors. Here’s how: 1. Increased Costs for Insurers Higher Material Costs: Tariffs on goods imported from these countries, such as steel, aluminum, and electronics, can increase the cost of raw materials used … Read more