Rate tapering reaches the property market
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Rate tapering reaches the property market

James Thaler
May 18, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
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.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Rates Commercial lines Aon Swiss Re Amwins AIG Property
JT
James Thaler
Gift this article