The rapid increase in premiums seen in late 2020 and early 2021 continued to slow in Q2 2022, with respondents reporting an average premium increase of 7.1% across all account sizes. Regardless, this was the 19th consecutive quarter of rising premiums. When we look at business lines, we see a similar picture. Some lines of… Continue reading Signs of Insurance Rate Moderation Revealed in 2Q P&C Market Survey
Tag: CIAB market survey
Cyber Premiums Increased by 34.3% in Q4 2021
Premium prices climbed further in Q4 2021, according to results from The Council’s Commercial/ Property Casualty Market Index, marking the 17th consecutive quarter of premium increases. The average increase in premiums across all account sizes was 8.7%, down slightly from the 8.9% recorded in Q3 2021. Respondents reported an average premium increase of 34.3% for… Continue reading Cyber Premiums Increased by 34.3% in Q4 2021