Global commercial insurance prices increased 15% in the second quarter of 2021, according to the latest market index report by Marsh.
marsh-logoIt’s reported that this year marks the 15th consecutive quarter of rate increases in the global commercial insurance market.
Furthermore, it marks the third consecutive quarter to show a fall in the average rate of increase and follows year-on-year average increases of 18% in the first quarter and 22% in the fourth quarter of 2020.
