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Pricing in cyber insurance rose at a slower pace while certain financial and professional lines decreased for the second time in around five years as companies faced a tough operating environment in the wake of a global economic slowdown. Experts at Marsh believe the impact of inflation on asset values and claims costs will remain the main concern for insurers at the upcoming renewals in most regions.
Marsh, Commercial insurance, Pricing, Cyber, Rates, Inflation, Claims, Asset value, Financial lines, Insurance, Reinsurance, Global