Insights

Casey Soares

Senior Vice President, Property Specialist

As corporate Property Specialist, Casey ensures market-leading rates, contract terms, and service for clients across practices by leveraging Woodruff Sawyer’s suite of resources and unique placement strategy. She leads Woodruff Sawyer’s Property Resource Group, and is responsible for communication on market intelligence and current events affecting the property insurance world. 

415.399.6458

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Casey Soares

Senior Vice President, Property Specialist

As corporate Property Specialist, Casey ensures market-leading rates, contract terms, and service for clients across practices by leveraging Woodruff Sawyer’s suite of resources and unique placement strategy. She leads Woodruff Sawyer’s Property Resource Group, and is responsible for communication on market intelligence and current events affecting the property insurance world. 

415.399.6458

LinkedIn

Can (Re)Insurers Will Their Way To a Hard Market?

Since the end of August the property insurance market has seen a stark contrast to the prior historic lows of hurricane activity and industry catastrophic (Cat) losses. Hurricanes Harvey, Irma, Maria (HIM); the Chiapas and Central Mexico earthquakes; the California wildfires; and ongoing storm activity have the industry navigating the prospect of a $100 billion to $120 billion reduction in capital.  Insureds are rightly asking whether carrier rhetoric is signaling a reversal in market cycle.