We're sorry but your browser is not supported by Marsh.com.au

For the best experience, please upgrade to a supported browser:



Global Insurance Market Quarterly Briefing – Q4 2013


The absence of major insured losses combined with strong capital and high levels of capacity among insurers to keep global property rates largely stable or decreasing slightly in the fourth quarter of 2013.

Global insurance rates, as tracked by the Marsh Risk Management Global Insurance Index, continued their downward trend in the fourth quarter of 2013. Among the major regions tracked, the US was the exception to the global trend, as the composite index there showed a modest increase for the eighth consecutive quarter.

According to the report:

  • Globally, property insurance rates fell; in the US property rates were generally stable, although some clients with catastrophe-exposed risks or recent losses saw increases.
  • For the first time since the third quarter of 2011, global casualty programmes renewed with a slight decrease.
  • Rates for financial and professional lines of insurance declined overall in Asia-Pacific, the UK, and Continental Europe, while remaining stable in Latin America.
  • Global aviation insurance rates fell significantly, with most airlines experiencing decreases of between 15% and 20%.

For details on rates for the major coverage lines and a closer look at areas such as hull and cargo, cyber risk, and exposure trends, please register to read Global Insurance Market Quarterly Briefing – Q4 2013.

View or download the full report. 

Please log in or register above to view the full report. 

Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from JLT Risk Solutions on request. Full information can be found in the JLT Risk Solutions Financial Services Guide.