Pacific pricing Q1 2023 | Global Insurance Market Index | Marsh

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January 10, 2019. Sydney, Australia. Landscape aerial view of Sydney Opera house near Sydney business center around the harbour.

Pacific pricing: Property increases accelerate, D&O pricing declines

Insurance pricing in the Pacific region increased 7% in the first quarter, compared to 5% in the prior quarter.

Constant bar chart represents global insurance composite pricing change.

Panorama of Chicago

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US pricing

Insurance pricing in the first quarter of 2023 in the US increased by 4%, compared to 3% in the prior quarter.

Skyline of London over Tower Bridge on the Thames

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UK pricing

Insurance pricing in the UK increased 3% in the first quarter, compared to 4% in the prior quarter.

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Latin America and Caribbean pricing

Insurance pricing in the first quarter in the Latin America and Caribbean (LAC) region increased 8%, compared to 7% in the prior quarter.

Panarama of the mountains, snow and blue glacial ice of the Smeerenburg glacier, Svalbard, and archipelago between mainland Norway and the North Pole. An inflatable boat is anchored in the foreground.

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Continental Europe pricing

Insurance pricing in the first quarter in Continental Europe (CE) increased 5%, compared to 6% in each of the prior four quarters.

beautiful nanpu bridge at dusk,crosses huangpu river,shanghai,China

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Asia pricing

Insurance pricing in the first quarter in Asia increased 1%, compared to 2% in the prior quarter.