Just in Case: Insurance and the strategies of risk management
The Weekly Take from CBRE
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Navigating Rising Insurance Costs
This chapter addresses the escalating challenges within the insurance market, focusing on the significant rise in insurance costs that affects asset financials and fund performance. It explores contributing factors such as increased claims frequency, demographic shifts towards high-risk areas, and changing weather patterns, while emphasizing strategies for risk mitigation and preparation. The discussion highlights the intricate relationship between evolving insurance landscapes and the need for improved risk modeling and management in the multifamily sector.
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