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: Global Insurance Market Index
Moderation in Insurance Pricing Increases Continues: Marsh
Global commercial insurance prices rose by 9% in the second quarter of 2022, according to the Marsh Global Insurance Market Index. The pace of rate increases slowed for the sixth consecutive quarter; global composite increases peaked at 22% in the fourth quarter of 2020. The second quarter was the nineteenth consecutive in which composite pricing… Continue reading Moderation in Insurance Pricing Increases Continues: Marsh
Global Insurance Rates Continue to Moderate with 11% Increase in Q1
Marsh LLC reported an 11% increase in global commercial insurance prices in the first quarter in its latest Global Insurance Market Index, which was released on Wednesday. According to Marsh, this was the 18th consecutive quarter of increases, but it was also the fifth consecutive quarter in which global pricing moderated since its peak of… Continue reading Global Insurance Rates Continue to Moderate with 11% Increase in Q1
Global Insurance Pricing Up 15% in Q2 2021 as Rate Increases Continue to Moderate; Cyber Rates Rise on Increased Losses
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
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
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