Global P&C insurance-pricing trends have led to modest gains for Marsh clients—with the U.S. leading price increases of more than 2 percent, says an executive with the industry's top insurance brokerage.
Responding to a question today during Marsh & McLennan Co.'s fourth-quarter earnings call, Marsh President/CEO Peter Zaffino said insurance-premium prices rose 1.2 percent in the quarter based on the firm's Risk Management Global Insurance Index.
Premiums for U.S. Property increased modestly, Zaffino said, adding that he's also seeing "more momentum" in pricing among stressed Casualty lines.
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