Global insurance rates fell -2.2% on average in Q2 2017, a slight improvement on Q1 at -2.3%, according to Marsh’s insurance rating index. This reflected rate decreases moderating globally for Property and Financial and Professional lines (FinPro). The fall in global casualty rates was slightly higher qoq, driven by stronger declines in US casualty pricing. Rates remain on a downward trend but there are clear signs of a floor getting closer. However, ample capacity and lower loss activi
21 Aug 2017
Global insurance rates
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Global insurance rates
B.P. Marsh & Partners PLC (BPM:LON) | 494 64.2 2.7% | Mkt Cap: 183.8m
- Published:
21 Aug 2017 -
Author:
Joanna Parsons -
Pages:
3
Global insurance rates fell -2.2% on average in Q2 2017, a slight improvement on Q1 at -2.3%, according to Marsh’s insurance rating index. This reflected rate decreases moderating globally for Property and Financial and Professional lines (FinPro). The fall in global casualty rates was slightly higher qoq, driven by stronger declines in US casualty pricing. Rates remain on a downward trend but there are clear signs of a floor getting closer. However, ample capacity and lower loss activi