Leveraging proprietary Aon data, Aon’s Property Market Dynamics Report captures the state of the insurance industry with a focus on changes in rates, limits, deductibles/retentions, coverage, capacity and losses. In the Q1 2023 edition of the report, Aon looks at volatile and unpredictable property rate increases which were accelerated in Q4 2022 due to concerns over reinsurance cost increases for all insurers and a greater concern over natural catastrophe (Nat-Cat) exposed property. The report looks at 2022 storm loss figures and sheds insight on how fluctuations in the Consumer Price Index (inflation) and property valuations are impacting the property risk and insurance marketplace.