The United States was the only region in the Marsh Risk Management Global Insurance Index to demonstrate rate increases on renewal for the second quarter, according to Marsh’s August “Global Insurance Market Quarterly Briefing.”
Rate increases were most prevalent in professional and financial institution liability lines, which renewed on average flat to as much as 10 percent for the quarter. Those renewing directors and officers liability (D&O) experienced flat to 8-percent increases, and across all lines of business, rates rose 1.6 percent, according to the report.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access