1、Q2 2024 Property Market Dynamics ReportMay 2024Change cover imageMarket Summary2Proprietary&Confidential3Q1 2024 Property Market Snapshot Insights from Aon National Property Property rate increases continued to moderate through Q1 2024.We expect rate moderation to continue into Q2 2024.There wil

2、l continue to be rate differentiation as follows:-5%to 5%rate change for desirable accounts/occupancies,as well as predominantly shared/layered,Nat-Cat-exposed accounts(excluding Florida(FL);Flat to 5%increases for loss-challenged or less desirable occupancies;and,10%or greater rate increases for FL

3、-only accounts or significantly Nat-Cat-exposed FL accounts.Clients can expect an aggressive underwriting approach for shared and layered accounts with desirable occupancy classes and profitable historic loss ratios,with/without heavy Nat-Cat exposures.Capacity is becoming more readily available for

4、 CA EQ which is helping to moderate pricing.Continued interest in Alternative Risk Transfer(ART)transactions,including parametric and structured solutions.Rate Change3.4%Q1 2024 property rate increase(Down from 9.6%in Q4 2023)Avg.%Change in Rate(Peril)Non-CAT3.98%Tier I Wind2.22%CA EQ3.54%CAT 2.43%A

5、ll Accounts3.42%Avg.%Change in Rate(Program Structure)Shared and Layered-0.05%Single Carrier6.68%All Accounts3.42%Q2 2024 U.S.Property Market Dynamics Report|Proprietary and ConfidentialProperty Quarterly Year-Over-Year Change In Average RateQ2 2024 U.S.National Property Insurance Market Overview|Pr

6、oprietary and ConfidentialSource:Aon Data4Property Quarterly Year-Over-Year Change In Average RateSource:Aon Data5Q2 2024 U.S.Property Market Dynamics Report|Proprietary and ConfidentialProperty Q1 2024 Quarterly Year-Over-Year In Average Rate by CAT,Loss Ratio and Program Type6Q2 2024 U.S.Property