Property - December 2016
When it comes to markets, experience teaches that it is indeed risky to embrace the idea that "it's different this time." Markets that go down, eventually do go back up. Underlying trends, however, can still bring lasting changes to cyclical markets. The steep softening of the property insurance market will no doubt come to an end someday, but not before technology and new capital have made things different.
Whether changes are cyclical or secular, the informed buyer will want long-term and short-term vision options to navigate shifting markets. CRC Group's Property State of the Market Report discusses how technology is changing the evaluation and pricing of risk, and can help to provide the options best suited to reach your client's goals.