Global insurance pricing continues to soften in Q3: Marsh

Global insurance pricing fell by 2.8 percent during the third
quarter of 2014 as increasingly competitive market conditions
continued to exert downwards pressure on rates, according to
Marsh's latest "Global Insurance Market Quarterly
Briefing".
The research showed a sixth consecutive quarter of declining
rates, with price softening accelerating from the beginning of the
year.
Marsh explained that competition was being driven by an increase
in supply coupled to relatively flat dema