A silver lining in the E&S market is that outside money is starting to see the sector's profit-producing potential, which should result in more capacity coming from insurance-linked securities, RPS reported. (Credit: John Disney/ ALM)
For the first half of 2021, commercial property insurance rates are anticipated to increase from the high single digits to 15%, according to Risk Placement Services (RPS), which noted every commercial buyer will feel an impact from the firming market whether through higher premiums, less capacity, stricter terms or a combination of the three.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
