Global Insurance Market Index
30/10/2023
Insurance pricing in the third quarter in Asia was flat, the same as in the prior quarter.
Asia Insurance Pricing in Q3 2023
10/24/2024
The Global Insurance Market Index is our proprietary measure of global commercial insurance premium pricing change at renewal, providing insights on the world's major insurance markets.
10/30/2023
Insurance pricing in the third quarter of 2023 in the US increased by 4%, the same as in the prior two quarters.
Insurance pricing in the third quarter in the Latin America and Caribbean (LAC) region increased 10%, compared to 8% in the prior quarter.
Insurance pricing in the UK declined 1% in the quarter, compared to a 1% increase in the prior quarter.
Insurance pricing in the third quarter in Europe increased 4%, compared to 5% in the prior quarter.
Insurance pricing in the Pacific region increased 1% in the third quarter, compared to 2% in the prior quarter.
Insurance pricing in Canada declined 1% in the third quarter, the first quarter showing a year-over-year decline since the third quarter of 2017.
Pricing in the third quarter increased 3% in IMEA, where insurance rates for large and complex accounts are often driven or influenced by the reinsurance market.