Intel

Contributor: Dave Burridge, Head of Property Package, Burns & Wilcox UK Over the last three years, the Property Insurance market has grappled with double-digit rate increases and reduced capacity. However, as of late, rates are stabilising, and capacity is softening, thanks in part to carriers aggressively re-entering the market. Rate increases have averaged only 5-10% in 2023—a noticeable decrease from…