Global commercial insurance prices increased 6% in the third quarter of 2022 (down from 9% in Q2), continuing a trend of moderating increases that began in Q1 2021, according to Marsh’s Global Insurance Market Index.
Tag: casualty rates
Casualty Market Not as Painful as 2020 but Rates Continue to Rise: RPS
Rates will continue to rise in the Casualty market through the remainder of 2021 and into 2022, but insureds should expect a less-challenging market than last year’s, according to the mid-year U.S. Casualty Market Outlook released by Risk Placement Services (RPS), the E&S wholesale broker and managing general agency. “The Casualty market landscape has improved… Continue reading Casualty Market Not as Painful as 2020 but Rates Continue to Rise: RPS