Insurers are continuing to take a hard line on underwriting and pricing cyber coverage. While commercial lines prices overall rose 8.9% in the third quarter, cyber premiums increased 27.6%, according to The Council’s Commercial Property/Casualty Market Index for the third …
While aggregate U.S. commercial insurance price hikes continue to moderate, most lines are still producing robust price increases, according to Willis Towers Watson. Excess/umbrella produces significant price increases during the 2021 second quarter. As well commercial auto, property, and directors …
Global commercial insurance pricing continued its double-digit growth in the 2021 first quarter, but the rate of increase dipped for the first time since late 2017, Marsh found in its latest market index report. What’s more, rate hike moderation is …
