AGCS report warns of widening valuation gaps amid inflation
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

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

AGCS report warns of widening valuation gaps amid inflation

Samuel Casey
July 19, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Allianz Global Corporate & Speciaty AGCS logo new york.jpg

The prospect of underinsurance is a “pressing concern” in the current inflationary landscape and is becoming a major discussion in renewals during 2022, according to a report from Allianz Global Corporate & Specialty (AGCS).

AGCS said that the insurance market had already seen claims where there was a “significant gap” between declared values and actual replacement value, citing as an example a property destroyed in the 2021 Colorado wildfires where the rebuild cost...

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
Take a free trial Already a subscriber? Login now

Topics

NewsMajor losses
sam casey 2024 ii red 2.png
Samuel Casey
Senior Reporter
Contact
Gift this article