UK, Pacific regions lead 18% Q1 pricing increases: Marsh

May 04, 2021

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Insurance price increases in the UK and Pacific regions drove an overall global increase of 18% in Q1, although rate hikes have plateaued in all geographies, according to Marsh.

In its latest Global Insurance Pricing Index, the intermediary confirmed global pricing had fallen from 22% in Q4 to 18% in Q1 this year, as revealed in its first-quarter conference call.

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UK, Pacific regions lead 18% Q1 pricing increases: Marsh

Insurance price increases in the UK and Pacific regions drove an overall global increase of 18% in Q1, although rate hikes have plateaued in all geographies, according to Marsh.

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