Soaring Insurance Costs: When Will Investors Find Relief?
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Soaring Insurance Costs: When Will Investors Find Relief?
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About this listen
Since 2016, the CRE insurance market has faced turbulence due to natural disasters and rising capital costs. This week's episode with Ted Brown, President and Partner at Lockton Companies, breaks down the impact of skyrocketing insurance rates on deals. Ted explains how underwriters initially priced for low catastrophe risk, but consecutive severe weather events led to increased rates. However, there is a silver lining! Tune in to find out when he believes rates will stabilize.
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