19-02-2016 02:51 via insuranceinsider.com

US commercial property rates down up to 10% in Q4

Rates for US commercial property risks fell by between 5 percent
and 10 percent in the final quarter of last year according to a new
study by Marsh.
The firm said the property price reductions followed a softening
trend that lasted through 2015 and is expected to continue this
year.
"Rates are generally decreasing for buyers as catastrophe
losses were again low in 2015, insurer competition is at a high
level, and alternative sources of capital are expected to continue...
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