In recent years, the Property insurance market has faced unprecedented challenges. Factors such as inflation and a rise in claims have strained the capacity for commercial insurance and reinsurance, just as the demand for coverage grows. Insured values have increased, and property replacement costs have surged by 45% from 2020 to 2023, outpacing the average inflation rate of 15%. Insurance buyers are finding it difficult to secure sufficient coverage at commercially viable prices, often due to an inability to determine adequate limits.

The whitepaper examines the tough commercial property market from the perspective of the insured, emphasizing the need to choose proper policy limits and the ways to achieve these limits in the present environment. It suggests that buyers with clear and detailed risk information are more likely to secure favorable outcomes during policy renewals.


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