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Global Insurance Market Index

Latin America and Caribbean pricing Q1 2023

Insurance pricing in the first quarter in the Latin America and Caribbean (LAC) region increased 8%, compared to 7% in the prior quarter.

Cityscape, Cartagena de Indias, Colombia.

04/26/2023

Financial and cyber lines moderate; property and casualty increase

Insurance pricing in the first quarter in the Latin America and Caribbean (LAC) region increased 8%, compared to 7% in the prior quarter.

Constant bar chart represents global insurance composite pricing change.

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Global Insurance Market Index

US pricing

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

Asia pricing

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