Opinion: The cat treaty hard market has exposed the cracks in US commercial property
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Opinion: The cat treaty hard market has exposed the cracks in US commercial property

US Commercial IPCD_11.01.23.png

With the dust now settling on the January 1 cat treaty renewals, the US commercial property market is looking to the year ahead.

Because even at this early stage, the classic signs of a hard market in property are there.

A re-acceleration of rate was already making itself apparent in mid-to-late 2022, but participants in the space are now describing a market with...

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