Global insurance rates declined 4% in Q3 2025 on property softness: Doyle
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Global insurance rates declined 4% in Q3 2025 on property softness: Doyle

Property, cyber and workers’ comp rates were all down mid-single digits, offsetting casualty hardening.

By Adam Kovac
October 16, 2025
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Casualty rates may have risen in the aggregate in Q3 2025, but the overall global insurance market experienced a marked softening, driven largely by property, according to Marsh CEO John Doyle.

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Topics

News Specialty lines Property Casualty/GL Excess casualty Cyber Brokers Rates UK and Europe North America Marsh McLennan
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