After a year of sharp increases on catastrophe property risks, there may be some relief in sight for buyers going into 2007, an insurance brokerage executive said.
Alfred Tobin, managing director of Aon's national property practice, said that a profitable 2006 for insurers could spell some relief for insureds on catastrophe risks, and another light hurricane season could allow that relief to continue.
His observations came yesterday during a Web seminar sponsored by Chicago-based insurance brokerage Aon.
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