2023 Property and Casualty Market Outlook
Now, more than ever, there is no one-size-fits-all solution to Property and Casualty Insurance coverage. Pricing, availability and capacity all can vary from industry to industry, from line of coverage to line of coverage and from region to region —
though underwriting scrutiny is the same for just about
everyone: rigorous.
Composed of insights and analysis from insurance carriers, wholesale markets, Alera Group subject matter experts and agent/broker affiliates around the U.S., Alera Group’s 2023 Property and Casualty Market Outlook will help you understand the factors affecting your insurance coverage and enable you to make informed decisions as you navigate the financial challenges posed by economic uncertainty, catastrophic climate and weather events, the constant threat of cyber attack and more.
March 2023 Commercial Property Update
This update follows Alera Group's 2023 Property and Casualty Market Outlook and focuses solely on Commercial Property Insurance. Because the Market Outlook is based largely on a survey conducted during the third quarter of 2022, it does not take into account the impact on Property Insurance from Hurricane Ian, which created insured losses totaling as much
as $75 billion. Written with insights gained during January
policy renewals, the update reflects market conditions exacerbated by Ian, particularly in areas prone to catastrophic (CAT) weather events.
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