Commercial property pricing up 18.3% in Q2 amid continued hard market: CIAB
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Commercial property pricing up 18.3% in Q2 amid continued hard market: CIAB

Jairo Ibarra
August 16, 2023
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Commercial property pricing rose by 18.3% in Q2, the highest out of all lines of business, as the sector continued to see high deductibles, reduced limits and contracted reinsurance capacity, the Council of Insurance Agents & Brokers (CIAB) reported.

The increase last quarter was higher than the 8.3% rise seen in Q2 last year but marked a slight deceleration from the 20.4%

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Jairo Ibarra
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