As supply and demand fluctuated in 2023, so did the cost of commodities — insurance capacity being one of them. From inflation to interest rates and industry changes, the outlook for real estate insureds is peppered with innovation and challenges. We saw reduced Property insurance capacity and corresponding rate increases, whereas other areas of the market — such as Cyber insurance and Management Liability — are starting to moderate.
We summarize these and other trends in our 2023 report. Access the full report for an overview of the global real estate insurance market, as well as insights into various regions.
Published September 2023