Moderation in Insurance Pricing Increases Continues: Marsh

Marsh and Honan Insurance Group

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

Increased Ransomware Attacks, Global Threats Tempering Executive Confidence in Cyber Preparedness

Christie's ransomware

The toll of almost three years of unrelenting workplace disruption, digital transformation and ransomware attacks means most leaders are no more confident in their ability to manage cyber risk than they were two years ago. This is according to a new report published today by Marsh, the world’s leading insurance broker and risk advisor, and… Continue reading Increased Ransomware Attacks, Global Threats Tempering Executive Confidence in Cyber Preparedness

Global Insurance Rates Continue to Moderate with 11% Increase in Q1

premium increases down or flat

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

Organizations Failing to Anticipate and Model Key Emerging Risks: Marsh Report

Global risk concerns

Despite a broad consensus across large and midsize organizations about the rising threat posed by a range of emerging risks, the vast majority continue to overlook and underemphasize the potential impact of these risks on their businesses, according to the inaugural Marsh Risk Resilience Report published today by Marsh, the world’s leading insurance broker and… Continue reading Organizations Failing to Anticipate and Model Key Emerging Risks: Marsh Report