Brokers report a segmented commercial property market

Brokers report a segmented commercial property market

iStock.com/ alexsl Canada’s property and casualty insurance industry is currently on pace to pay between $2 billion and $3 billion in NatCat claims thus far this year, fuelling a softening commercial property market. But segmentation in the commercial property market is becoming more pronounced, brokers tell Canadian Underwriter. Consequently, brokers must be prepared to differentiate their clients’ risks to gain the benefits from the softening …