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Global Insurance Market Update

Europe pricing Q3 2023

Insurance pricing in the third quarter in Europe increased 4%, compared to 5% in the prior quarter.

Berlin, Germany viewed from above the Spree River.

10/30/2023

Cyber insurance pricing continues to stabilize; casualty rises. Price movement generally stable across coverage lines

Insurance pricing in the third quarter in Europe increased 4%, compared to 5% in the prior quarter.

Europe Insurance Pricing in Q3 2023

Constant bar chart represents global insurance composite pricing change.

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Global Insurance Market Index

10/30/2023

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.
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Global Insurance Market Index

US pricing Q3 2023

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.

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

Global Insurance Market Index

Asia pricing Q3 2023

10/30/2023

Insurance pricing in the third quarter in Asia was flat, the same as in the prior quarter.
Berlin, Germany viewed from above the Spree River.

Global Insurance Market Index

Europe pricing Q3 2023

10/30/2023

Insurance pricing in the third quarter in Europe increased 4%, compared to 5% in the prior quarter.

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Global Insurance Market Index

Latin America and Caribbean pricing Q3 2023

10/30/2023

Insurance pricing in the third quarter in the Latin America and Caribbean (LAC) region increased 10%, compared to 8% in the prior quarter.
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 Q3 2023

10/30/2023

Insurance pricing in the Pacific region increased 1% in the third quarter, compared to 2% in the prior quarter.
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Global Insurance Market Index

Canada pricing Q3 2023

10/30/2023

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.

Skyscrapers in Abu Dhabi, United Arab Emirates.

Global Insurance Market Index

IMEA pricing Q3 2023

10/30/2023

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.