US property rate change decelerated in Q4 2023 to 11%: Marsh
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US property rate change decelerated in Q4 2023 to 11%: Marsh

The index’s 2023 peak was Q2, when rates increased 19%.

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US property rate changes decelerated for the second quarter in a row to 11% in Q4 2023, down from a 2023 high of 19% in the second quarter, according to Marsh’s Global Insurance Market Index.

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