Insured values in the property market still 30%-50% undervalued: Icat CUO
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free trial
  • Log in

Insured values in the property market still 30%-50% undervalued: Icat CUO

James Thaler
November 23, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Icat logo with Cashman.jpg

Property valuations have become a big sticking point among many underwriters in the past two years, and according to the CUO for catastrophe MGA Icat, insured values in the market are steeply undervalued.

“We're seeing the market still 30%-50% undervalued from where we would say it needs to be written in some cases, and [yet] it's getting written by multiple markets,” Ashleigh Cashman told this publication in an interview.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Property
JT
James Thaler
Gift this article