The rise in severe weather events over the last five years has left property insurers scrambling to price-in physical risks, causing premium growth to reach a 20-year high. While we think the worst is over, growth will likely remain above the historic average, weighing on property values in the most-affected regions.
In view of wider interest, we are re-sending this US Commercial Property Update to include clients of our Climate Economics service. We apologise for any inconvenience caused.
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