Global commercial insurance prices increased 4% in the fourth quarter of 2022, down from a 6% increase in Q3 and a 9% increase in Q2, which is a continuation of a trend of moderating increases that began in Q1 2021, according to Marsh’s Global Insurance Market Index.
While this is the 21st consecutive quarter of increases, pricing increases moderated in most regions with the exception of financial and professional lines, which decreased for only the second time since Q3 2017.
