US commercial property space faces double-digit rate rises and tighter T&Cs
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US commercial property space faces double-digit rate rises and tighter T&Cs

Kyoung-son Song
December 15, 2022
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The US commercial property market is facing double-digit rate increases in 2023, coupled with higher deductibles and restrictive language, according to sources canvassed by this publication.

There is huge variation by account, but sources in the E&S property market have raised the possibility of a 15% to 25% year-on-year rate increase in non-cat, clean accounts.

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Topics

News Property Rates Commercial E&S Claims and losses
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Kyoung-son Song
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