Stay informed on emerging issues and trends in the insurance industry.
The search for capital continues in the face of fluctuating interest rates and rising debt levels, yet the overall demand for construction has wavered only slightly. And, while multifamily starts remain down, the pipeline of apartments is only marginally lower than 2022. As we head into 2024, when penciling insurance costs for major projects, we expect that similar challenges and increased scrutiny from insurers offering capacity will continue.
While some segments are seeing softening, others face the hardest market conditions in decades. In this State of the Market report, Amwins specialists share market intelligence spanning rate, capacity, and coverage trends across lines of business and industries.