Global commercial insurance prices increased 3% in the third quarter of 2023, the same as the prior quarter, according to the Global Insurance Market Index released today by Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan.
Tag: commercial insurance prices
Cyber Rates Continue to Rise, Doubling in Some Geographies
Global commercial insurance prices increased 13% in the fourth quarter of 2021, according to the Global Insurance Market Index released today by Marsh, the world’s leading insurance broker and risk advisor, continuing a trend of moderating rate increases that began in Q1 2021. While this is the 17th consecutive quarter of increases, the rate of… Continue reading Cyber Rates Continue to Rise, Doubling in Some Geographies
Commercial Insurance Prices Increase Again in the Q2 but Have Moderated
U.S. commercial insurance prices increased again during the second quarter of 2021, according to leading global advisory, broking and solutions company Willis Towers Watson’s Commercial Lines Insurance Pricing Survey (CLIPS). The survey compared prices charged on policies underwritten during the second quarter of 2021 to those charged for the same coverage and quarter in 2020… Continue reading Commercial Insurance Prices Increase Again in the Q2 but Have Moderated
Global Commercial Insurance Pricing Up 22% in Fourth Quarter of 2020
Global commercial insurance prices increased 22% in the fourth quarter of 2020, according to the Global Insurance Market Index released today by Marsh, the world’s leading insurance broker and risk advisor. The increase, the largest since the index was launched in 2012, follows year-on-year average increases of 20% in the third quarter and 19% in… Continue reading Global Commercial Insurance Pricing Up 22% in Fourth Quarter of 2020
U.S. Commercial Insurance Prices Again Increase Significantly During Q3
U.S. commercial insurance prices again grew significantly in the third quarter of 2020, according to leading global advisory, broking and solutions company Willis Towers Watson’s Commercial Lines Insurance Pricing Survey (CLIPS). The survey compared prices charged on policies underwritten during the third quarter of 2020 to those charged for the same coverage and quarter in… Continue reading U.S. Commercial Insurance Prices Again Increase Significantly During Q3
Global Commercial Insurance Pricing Increased 14% in Q1: Marsh
Global average commercial insurance prices increased 14% in the first quarter of 2020, according to the Global Insurance Market Index released today by Marsh, the world’s leading insurance broker and risk adviser. The increase, the largest since the index was launched in 2012, comes despite the minimal impact of the COVID-19 global pandemic on pricing… Continue reading Global Commercial Insurance Pricing Increased 14% in Q1: Marsh
U.S. Commercial Insurance Prices Surge in the Q2 2019
U.S. commercial insurance prices increased by nearly 4% in the second quarter of 2019 compared to prices charged during the second quarter of 2018, according to leading global advisory, broking and solutions company, Willis Towers Watson’s Commercial Lines Insurance Pricing Survey (CLIPS). This represents a significant pickup from increases of close to 2% for each… Continue reading U.S. Commercial Insurance Prices Surge in the Q2 2019
U.S. Commercial Insurance Prices Increase During Q1 2019
U.S. commercial insurance prices have increased in the first quarter of 2019, according to leading global advisory, broking and solutions company, Willis Towers Watson’s Commercial Lines Insurance Pricing Survey (CLIPS). The survey compared prices charged on policies underwritten during the first quarter of 2019 to those charged for the same coverage during the same quarter… Continue reading U.S. Commercial Insurance Prices Increase During Q1 2019