Carriers fear property insurance to values are off by 30%: Amwins
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Carriers fear property insurance to values are off by 30%: Amwins

Abbie Day
February 22, 2023
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Global P&C carriers have raised concerns that property insurance to values (LTV) are off by 30% or more amid both rate and inflation increases, according to a study by Amwins.

In the broker’s 2023 State of the Market report, which explores trading conditions and trends across multiple classes, a key message was that insureds should revisit reported valuations and increase them as necessary to account for true replacement costs.

Amwins...

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