Global commercial pricing rises 15% in Q3 amid cyber rate surge
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Global commercial pricing rises 15% in Q3 amid cyber rate surge

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Global commercial insurance prices increased by 15% in Q3 in the 16th consecutive quarter of rate rises, but moderation in some lines suggests pricing has already peaked, according to Marsh.

The broker’s Global Insurance Market Index recorded the same rate of increase in the third quarter as in the second, but suggested that pricing may have reached its zenith in Q4 last year, when rate increases were 22%, despite...

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