As 2024 comes to a close, the Property insurance market has seen significant changes. Insureds with adequate property valuations are now better positioned to negotiate favorable terms, including the removal of restrictive clauses and endorsements. Despite hurricanes Helene and Milton, rate shocks have been largely avoided.
This comprehensive overview highlights the dynamic nature of the Property and Casualty insurance markets, emphasizing the importance of strategic risk management and tailored insurance solutions to navigate the evolving landscape. A few of the topics covered include:
- Emerging risks and trends in Property insurance
- The importance of high-quality narratives in Builder's Risk submissions
- Variations in Casualty insurance renewals based on asset class
- The soft Directors and Officers (D&O) market
- The competitive Cyber insurance market
Read the Fall/Winter 2024 US Real Estate and Hospitality Market Update to learn more.
