[Opinion] Global commercial insurance rates fell 3% in Q1’25: Marsh

In terms of car and elemental risks, premiums are increasing, otherwise industrial customers have benefited from falling prices during the renewal round on 1 January 2025, according to the opinion of the wholesale broker Marsh in his new report. PFAS exclusions have been avoided because insurers now consider the risk more differentiated. An overview of the developments in the most important sectors. The article Renewal round: Industrial customer…

Abundant capacity, cheaper reinsurance drive Q1 decline in property rates: Marsh - Artemis.bm

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Rates for property insurance are declining across the globe with abundant capacity in the sector and insurers now benefiting from cheaper reinsurance costs, all of which is softening the property insurance market, commentary from broker Marsh suggests. Much like the property catastrophe reinsurance market, the market is now feeling t…

Global commercial insurance rates fell 3% in Q1’25: Marsh

Global commercial insurance rates fell 3% in the first quarter of 2025, following a 2% decline in Q4’24, marking the third consecutive quarterly decrease after seven years of rising rates, according to Marsh’s Global Insurance Market Index. Marsh noted that this continues the moderating trend first seen in Q1’21, driven by heightened competition in the global insurance market due to increased capacity from both existing providers and new entrant…

Global commercial insurance rates fall 3% in Q1 2025, the third consecutive quarterly decrease

New York, April 24, 2025 – According to the Global Insurance Market Index released today by Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan (NYSE: MMC), global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in Q4 2024, marking the third consecutive quarterly decrease following seven years of rising rates. This continues the moderating rate trend fi…