Analysis

What's happening in insurance today? From market changes and M&A activity to new coverages, the insurance industry is ever-evolving. To stay up-to-date on the business, these articles, which are updated regularly, will help insurance professionals maintain a competitive edge.
Average worldwide prices for commercial insurance increased 22% during the final quarter of 2020, according to the Global Insurance Market Index by Marsh, which reported this was the largest year-on-year increase since the index began tracking the data in 2012.
While the fourth quarter saw pricing hit a record, the gains were in line with preceding periods, Marsh reported, with the third quarter seeing a 20% gain and 19% growth in Q2 2020.
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