HNW hard market ongoing as carriers ‘cherry pick’ risks
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HNW hard market ongoing as carriers ‘cherry pick’ risks

Underwriters are getting increasingly granular, rewarding mitigation and prevention with better terms.

By Shelby Rosenberg
July 23, 2024
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The high-net-worth (HNW) homeowners’ market has hardened further over the past 12 months, sources told Insurance Insider US, flagging increasingly laser-focused underwriting, regulatory challenges and a shifting of more risk onto clients through deductible and retention hikes.

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