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October 16, 2026
Property
redy
redy index
The REDY Index leverages CRC Group’s collection of actionable data—the wholesale industry’s largest. It provides critical pricing analysis monthly, giving you a snapshot of the marketplace. The REDY Index generates instant intelligence on pricing trends by industry or coverage, enabling our retail partners to set accurate data-driven expectations with their clients. Removing the guesswork empowers CRC team members to negotiate competitively, consistently producing better outcomes, better deliverables, and better results.
Monthly Renewal Pricing Analysis
Results displayed above reflect average CRC Group Property renewal pricing changes by month (over the previous 12 months). Results are limited to brokerage accounts that renewed in the same month as the prior year with the same total account limits. To remove outliers, the top and bottom 1% of accounts by YoY % change have been removed, as well as the top and bottom 1% of accounts by rate online (Premium/Limit*100). The REDY Index is intended for educational purposes only as individual accounts typically differ from average pricing trends.
Ongoing + Emerging Property Issues
Property pricing continued its downward trajectory through the third quarter of 2026, although the pace of rate reductions began to moderate. Average year-over-year renewal pricing declined 12.0% in July, 11.4% in August, and 11.1% in September, compared to reductions of 12.8% in June and 13.3% in May. Despite this moderation, pricing remains significantly more competitive than it was in the same period in 2025.
Favorable renewal outcomes remain widespread across the property market. During the third quarter, approximately 91% to 93% of CRC property accounts renewed at flat or reduced rates, demonstrating continued market competition. The percentage of accounts experiencing rate increases of 10% or more remained below 2% throughout the quarter, further highlighting the favorable environment for challenged risks.
Abundant insurance and reinsurance capacity continue to support competitive market conditions. Carriers remain focused on retaining profitable accounts and attracting new business, creating opportunities for insureds to negotiate more favorable pricing, increased limits, reduced deductibles, and broader coverage terms. Competition remains particularly strong for well-performing accounts with favorable loss histories and quality underwriting information.
Looking ahead, the property market is expected to remain favorable for buyers, although underwriting discipline continues to influence outcomes for individual accounts. While ample capacity should continue to support competitive pricing, the recent moderation in rate reductions suggests the pace of market softening may stabilize heading into 2027.