Rate tapering reaches the property market
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Insurance Insider US is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Rate tapering reaches the property market

property main 3.jpg

Underwriters and brokers have reported a cooler primary commercial property market at the current renewal, saying that competition among underwriters for better risks and “softer” occupancies has picked up, capacity has become more plentiful and firmer boundaries have been drawn between admitted and non-admitted risks.

Rates have continued to rise, but at a slower pace, with more deals getting done at concurrent pricing. Pressure on terms and conditions has also eased compared to a year ago.

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article