BOP rate increases slow in November while commercial auto, property accelerate: Ivans
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

BOP rate increases slow in November while commercial auto, property accelerate: Ivans

Kyoung-son Song
December 15, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Ivans logo new 2022 six tiles.jpg

Rate increases for business owners’ policy (BOP) decelerated, while rates accelerated for most other major commercial lines during the same period, according to Ivans pricing data.

The BOP rate change was 6.66% in November, down from 7.15% in October.

Year-on-year rate increases were largest in commercial property, which saw a 7.92%

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsCommercial LinesRates
kyoungson son 2024 ii us 2.png
Kyoung-son Song
Senior Reporter
Contact
Gift this article