Global commercial insurance prices increased by 15% in Q2 – Marsh globalreinsurance.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalreinsurance.com Daily Mail and Mail on Sunday newspapers.
Rates continue to rise but show signs of moderating: Marsh
05-05-2021
28-04-2021
Global commercial insurance prices increased 18 percent in the first quarter of 2021, according to Marsh’s Global Insurance Market Index, with the index seeing the first declines in the average rate of price increases since the first global rate rises were registered in Q4 2017.
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By StrategicRISK 2021-05-04T12:10:00+01:00
Quarter is the first to show a fall in the average rate of increase since Q4 2017; UK continues to lead with rate hikes of 35% - Marsh
Global commercial insurance prices increased 18% in the first quarter of 2021, according to the Global Insurance Market Index released today by Marsh, the world’s leading insurance broker and risk advisor.
The quarter is the first to show a fall in the average rate of increase since the index reported the first rise in global rates in Q4 2017. It follows year-on-year average increases of 22% in the fourth quarter and 20% in the third quarter of 2020.
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