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RESEARCH & BRIEFINGS

Commercial Insurance Pricing Increased in First Quarter 2018

Global Insurance Market Index – Q1 2018

 


Today Marsh released its Global Insurance Market Index for the first quarter of 2018. Highlights include:

  • Composite insurance pricing decreased 0.8%. Property lines were the only major coverage area in the region to rise, with a 0.1% average increase. Slight increase in the rate of decline for casualty lines.
  • Financial and professional lines, the average rate of decline decreased, driven primarily by D&O.
  • The market is generally stable and competition remains in most sectors, although insurers generally are taking firmer positions on pricing.

For Continental Europe the Insurance Market remains competitive.