Global commercial insurance rates fall for the first time since 2017: Marsh

Global commercial insurance rates declined by 1% in the third quarter of 2024, marking the first overall rate decrease in seven years, according to the Marsh Global Insurance Market Index. Property rates continued to soften, while casualty rates increased globally due to concerns over large jury awards in US courts.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Defying gravity: Everest to cede $800m annually to newly launched sidecar

Axa grows despite softer markets on mix shift and pricing defence

Lloyd’s redraws high-risk Red Sea map in wake of Houthi attacks

Fairfax misses on Q2 net income, improves margin and gross written premium

Gallagher maintains 6% organic growth as rate contribution fades, property eases

Amiga Specialty acquires Volante PI renewal rights after Syndicate 1699 run-off

Acies enters marine market with ports and terminals MGA launch

Scor improves P&C combined ratio significantly in Q2

Global commercial insurance rates fall for the first time since 2017: Marsh

More on this story

Editor's picks

Editor's picks

More articles