Only a disaster can save them now

We’ve had floods, freezes, fears of vandalism, fire brigade cuts and an epidemic of cannabis factories… but still the market for commercial property insurance refuses to harden while claims costs climb. But in this piece for Insurance Times, I discovered that for insurers, the worst may be yet to come. As the property underwriting manager for Zurich told me: “There’s too much capacity, and it’s hard to know what will change that, unless there is a major catastrophe.”

Author: Katie Puckett

I'm a journalist who has been writing, editing and subbing business magazines for nearly 20 years. I write regularly on all aspects of the built environment – architecture, engineering, construction, property, investment, housing, planning, economics, sustainability, climate change adaptation, technology, insurance – and I’m always up for getting to grips with new topics. I’m also co-founder of Wordmule, a company that creates bespoke editorial and marketing content about buildings and cities.

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