Global commercial insurance prices increased 4% in the fourth quarter of 2022 (down from a 6% increase in Q3 and a 9% increase in Q2), according to the Global Insurance Market Index released today by Marsh.
Tag: global insurance market
SIGMA: Global Insurance Industry to Recover to Pre-COVID-19 Crisis Levels in 2021
The insurance industry is set to overcome this year’s COVID-19-induced global economic recession, the latest Swiss Re Institute’s sigma says. The sharpest economic contraction since the 1930s will lead to a slump in demand for insurance in 2020, more so for life products, with global premiums expected to contract by 6%, than for non-life covers… Continue reading SIGMA: Global Insurance Industry to Recover to Pre-COVID-19 Crisis Levels in 2021