US commercial rate increases decelerate to 3% in Q4 2022: Marsh
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US commercial rate increases decelerate to 3% in Q4 2022: Marsh

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US commercial insurance pricing has increased by 3% in the Q4 2022, decelerating from the 5% increase recorded in the prior quarter, according to the Marsh Global Insurance Market Index.

US pricing increases decelerated throughout 2022, with Marsh reporting a 10% and 12% hike, for Q2 and Q1 2022, respectively.

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