- Average commercial insurance prices increased by 2% in Q4 2018, the steepest increase since the survey began in 2012 and the fifth consecutive quarter of average increases.
- Composite pricing in Q4 increased in all global regions, the first time all regions have reported an increase in the same quarter.
- Regionally, Pacific had the largest pricing increases in the index (>10%), a trend that has continued for seven quarters. The UK, Continental Europe and Latin America all reported average pricing increases of at least 1%.
- Globally, pricing for property risks increased by almost 4% on average, slightly above the rates recorded in the previous three quarters. Casualty prices declined nearly 1% on average, continuing a trend started in 2013.
- Average pricing in financial and professional lines increased across all global regions, most notably in Australia. The increases were primarily on directors and officers insurance.