Global commercial insurance rates increased by 1% on average in the first quarter of 2024, compared with a 2% increase in Q4 2023, according to the Global Å˽ðÁ«´«Ã½Ó³» Market Index published by Marsh, the insurance brokerage business of Marsh McLennan. …
Broker Marsh said global commercial insurance rates increased by 2% at renewal in the fourth quarter of 2023, marking the 25th straight quarter of rate increases. “At a time of much global economic uncertainty, clients will welcome the increased stability …
Broker Marsh said the composite rate change at renewal for U.S. commercial lines was up 3% in the fourth quarter 2023, led by an 11% increase in property rates. The Marsh Global Å˽ðÁ«´«Ã½Ó³» Market Index said it was the 25th …
Global commercial insurance prices increased 3% in the third quarter of 2023, the same as the prior quarter, according to the Global Å˽ðÁ«´«Ã½Ó³» Market Index released by the insurance broker Marsh, a business of Marsh McLennan. The third quarter marks …
Global commercial insurance pricing rose 3% in the second quarter of 2023, down from 4% in Q1, according to Marsh, which pointed to two notable trends during Q2: a moderation in cyber rates and continuing challenges in property insurance, which …
Average global cyber insurance prices continued to moderate in the first quarter, with average price increases of 11%, compared to 28% in Q4 2022, according to the Global Å˽ðÁ«´«Ã½Ó³» Market Index published by insurance broker Marsh. This was particularly evident …
Global commercial insurance prices increased 4% in the fourth quarter of 2022, down from a 6% increase in Q3 and a 9% increase in Q2, which is a continuation of a trend of moderating increases that began in Q1 2021, …
Global insurance pricing continued to rise, although at a slower pace, during the third quarter, which saw commercial insurance premiums increase an average of 6%, down from 9% in Q2, according to Marsh’s Global Å˽ðÁ«´«Ã½Ó³» Market Index. The biggest increases …
Global commercial insurance prices increased 9% in the second quarter of 2022 (down from an 11% increase in Q1), continuing a trend of moderating rate increases that began in Q1 2021, according to the Global Å˽ðÁ«´«Ã½Ó³» Market Index released by …
Global commercial insurance prices rose 11% in the first quarter of 2022, marking the fifth consecutive reduction in rate increases since pricing peaked at 22% in the fourth quarter of 2020, according to the Global Å˽ðÁ«´«Ã½Ó³» Market Index published by …
