Commercial property insurance rate increases are easing off initial spikes following 2017’s record natural catastrophe losses, but commercial insurance buyers still face upward pricing pressure on many lines of business for the remainder of 2018.
That’s according to Willis Towers Watson’s 2018 Insurance Marketplace Realities — Spring Update report (formerly titled, Marketplace Realities).
Overall, the property/casualty marketplace remains well capitalized, buoyed by the strong appetite of alternative capital providers.