Construction Market Update Q1 2022: New Challenges and Uncertainty

Woodruff Sawyer

Perhaps unsurprisingly, construction market premiums increased in Q1 2022, continuing a consecutive trend that began 18 quarters ago. Previous issues related to COVID-19 were replaced by new challenges, including inflationary pressures, international supply chain disruption, and economic uncertainty.

However, despite the convergence of these economic challenges, there are signs premium increases are beginning to moderate across most lines. Yet, in line with the previous few quarters, the cyber and umbrella markets continue to see double-digit increases. Due to increased demand and decreased capacity, cyber carriers heavily scrutinize each submission under increasingly stricter underwriting requirements.

Please see full Publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Woodruff Sawyer

Woodruff Sawyer on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.