The second quarter of 2017 marked six consecutive quarters ofmoderating renewal rate decreases, according to the latest MarshGlobal Insurance Market Index.

It is also the seventeenth consecutive quarter in whichcommercial insurance rates declined, on average, largely due to thecontinuing forces of a global market with significant capacity anda competitive underwriting environment.

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].

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