Global insurance rates fall for 17th consecutive quarter: Marsh
Global insurance rates declined by 2.2 percent in Q2 to mark the
17th consecutive quarter of falling rates, according to data from
Marsh.
However, Q2 was also the sixth consecutive quarter where rate
declines moderated. The 2.2 percent fall compared to a 2.3 percent
drop in Q1 and a 3.6 percent decline in the second quarter of
2016.
By line of business, only global casualty business showed
further softening quarter on quarter, with rates falling 1.7
percent in Q2, compared...
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