US pricing Q1 2023 | Global Insurance Market Index | Marsh

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Panorama of Chicago

Losses and tightening capacity drive property increases

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

Constant bar chart represents global insurance composite pricing change.

Skyline of London over Tower Bridge on the Thames

Global Insurance Market Index

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.

Global Insurance Market Index

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.

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

Global Insurance Market Index

Pacific pricing

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

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

Global Insurance Market Index

Asia pricing

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