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PRESS CENTER

Global Commercial Insurance Pricing up 8% in Third Quarter

New York   |   Пятница, 08 Ноября 2019

Today released its Global Insurance Market Index for the third quarter of 2019. Key findings include:

  • Average commercial insurance pricing increased 8% in the third quarter of 2019, the largest increase since the survey began in 2012, and the eighth consecutive quarter of average price increases.
  • Globally, on average, pricing for property risks increased by 10%; financial and professional lines rose by nearly 14%; and casualty increased by 1%.
  • Composite pricing in the third quarter increased in all geographic regions for the fourth consecutive quarter, largely driven by rates in directors and officers (D&O) coverage and property.
  • For the fourth consecutive quarter, all regions reported composite pricing increases. The Pacific region had the largest composite pricing increase in the index (19%), a quarterly trend that has continued for almost three years. Pacific composite pricing was driven by increases in D&O rates, as well as increases in property rates.
  • The US, UK, and Asia all reported average pricing increases of 5% or higher.

Commenting on the findings, Dean Klisura, President, Global Placement at Marsh, said: “Global insurance pricing increased 8% in Q3 2019, as the market continues to firm in most regions. Global pricing has now increased every quarter for nearly two years, and market capacity is starting to show signs of tightening in certain geographies and lines of business.”

Marsh – ведущий мировой страховой брокер и консультант по рискам, лидер по разработке и внедрению инновационных решений в области риск-менеджмента. Свыше 35 000 сотрудников Marsh консультируют компании и частных клиентов более чем в 130 странах мира. Совместно с компаниями Guy Carpenter, Mercer и Oliver Wyman Marsh входит в состав Marsh & McLennan Companies (NYSE: MMC) – международной группы, оказывающей профессиональные услуги по управлению рисками, человеческим капиталом и стратегическому консалтингу. Группа насчитывает примерно 75 000 сотрудников по всему миру и имеет годовой доход более 17 млрд. долларов. Следите за нами в Twitter @MarshGlobal, LinkedIn, Facebook и YouTube.