Commercial lines pricing increases are anticipated to moderate, but remain positive in most segments through 2024, according to a report Tuesday from Fitch Ratings Inc.
Tag: Commercial lines pricing
AM Best Revises Outlook on E&S Insurance Segment to Positive
AM Best is revising its outlook on the excess and surplus (E&S) lines insurance segment to positive from stable, citing increased business due to declining capacity in commercial lines and some personal lines markets, along with strong underwriting results driving favorable operating profitability and strengthened capital positions.
U.S. Commercial Insurance Rates Continue to Increase in the 1Q to Above 5%: WTW
The aggregate commercial price change reported by carriers was an increase of 5.6%, up from the rate of 4.8% in the previous quarter (Q4’22).
Marsh: Global Commercial Insurance Pricing Rose 4% in 1Q 2023
Global commercial insurance pricing rose 4% in the first quarter of 2023, the same as in the prior quarter.
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 19% in Second Quarter
Today Marsh released its Global Insurance Market Index for the second quarter of 2020. The increase, the largest since the index was launched in 2012, follows year-over-year average increases of 14% in the first quarter and 11% in the fourth quarter of 2019. As with the first quarter, average price increases were driven principally by… Continue reading Global Commercial Insurance Pricing Up 19% in Second Quarter
Global Commercial Insurance Prices Up 3% in Q1 2019: Marsh
Today Marsh released its Global Insurance Market Index for the first quarter of 2019. Key findings include: Average commercial insurance prices increased 3% in Q1 2019, the largest increase since the survey began in 2012. Q1 2019 represents the sixth consecutive quarter of average commercial insurance pricing increases. Composite pricing in Q1 increased in all… Continue reading Global Commercial Insurance Prices Up 3% in Q1 2019: Marsh