Aon reports reduction in US commercial property insurance premiums
A combination of improved investment returns for insurers and increased capacity, together with a significant absence of man-made or natural catastrophic losses in 2003, has resulted in an average reduction in premiums of 10% for buyers of US commercial property insurance.
Aon's 2004 US Property Report and survey has also found that buyers, in contrast to last year's survey, are increasingly concerned about the impact of terrorism and the uncertainty surrounding theOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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