Rising valuations causing ‘massive headaches’ in property excess layers: RPS
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Rising valuations causing ‘massive headaches’ in property excess layers: RPS

Jairo Ibarra
May 19, 2022
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Increases in property valuations prior to modeling risk have been a topical concern for carriers and clients, as the market continues to witness “stories about massive losses” at locations that had low insurance to value figures, reported Risk Placement Services (RPS) in its latest market outlook.

“The valuation issue is causing massive headaches in excess layers where carriers continue to push up their attachments, trim their line size,” said RPS executive vice president James Rozzi in the report.

The

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Jairo Ibarra
Senior Reporter
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