Property lines still volatile in generally predictable environment for buyers
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Property lines still volatile in generally predictable environment for buyers

Hal Stucker
October 03, 2023
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The property market is continuing to face challenges as a result of climate change and a restrictive reinsurance environment in what is a generally predictable market environment for most insurance buyers, a Lockton report finds. 

The report noted that Q2 marked the 23rd consecutive quarter of year-over-year property rate increases, with rates rising 21% on average and further increases expected for the rest of the year.

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Topics

News Property Workers' compensation D&O (Directors and Officers) Cyber Commercial lines Personal lines
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Hal Stucker
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