- Losses no longer contained within primary liability limits
- Tenant liability use in captives increasing due to profit opportunity
- Property risk still popular in real estate captives despite market softening
Due to spiralling rates in recent years, property has been one of the main drivers behind captive utilisation in the real estate market, though momentum is starting to shift.
With indications of a softening commercial property market after years of rate increases, excess liability and general liability are exposing more prescient issues for the real estate sector.
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