Global commercial insurance prices increased 15% in the second quarter of 2021, according to the Global Insurance Market Index released today by Marsh, the world’s leading insurance broker and risk advisor. It’s the 15th consecutive quarter of rate increases in the global commercial insurance market. It also marks the third consecutive quarter to show a… Continue reading Global Insurance Pricing Up 15% in Q2 2021 as Rate Increases Continue to Moderate; Cyber Rates Rise on Increased Losses
Tag: global commercial insurance pricing
Global Commercial Insurance Pricing Increased 19% in Second Quarter
Global commercial insurance pricing increased for the eleventh consecutive quarter in the second quarter of 2020, according to Marsh’s quarterly Global Insurance Market Index, a proprietary measure of global commercial insurance premium pricing change at renewal, representing the world’s major insurance markets and comprising nearly 90% of Marsh’s premium. The increase, the largest since the… Continue reading Global Commercial Insurance Pricing Increased 19% in Second Quarter