Insured values in the property market still 30%-50% undervalued: Icat CUO
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Insured values in the property market still 30%-50% undervalued: Icat CUO

James Thaler
November 23, 2021
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Property valuations have become a big sticking point among many underwriters in the past two years, and according to the CUO for catastrophe MGA Icat, insured values in the market are steeply undervalued.

“We're seeing the market still 30%-50% undervalued from where we would say it needs to be written in some cases, and [yet] it's getting written by multiple markets,” Ashleigh Cashman told this publication in an interview.

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Topics

NewsProperty
JT
James Thaler
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