11 November 2016Insurance

Renewal rates remain competitive but decreases slow in the US and Asia

US renewal rates remain competitive on average across all major lines of business in the third quarter of 2016, but US financial and professional liability lines experienced the lowest rate of decline and property lines experiencing the greatest rate of decline, according to Marsh’s Global Insurance Market Index covering the third quarter of 2016.

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Renewal rates remain competitive but decreases slow in the US and Asia

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