Product-recall rates continue to drop as market softens
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Product-recall rates continue to drop as market softens

In the food and beverage market, rates are falling by an average of 3%-4%.

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Bottles with soft drinks

The product recall market is among the specialty insurance lines facing significant softening in 2025, as contamination, consumer goods and automotive segments continue to struggle with heightened competition and increased losses, sources told this publication.

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