Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Pacific insurance rates up 5% in fourth quarter: Marsh

February 06, 2023 Reprints

According to Marsh LLC's Global Insurance Market Index report, commercial insurance pricing in the Pacific region increased by 5% in the fourth quarter of 2022, compared to the same period in 2021, Asia Insurance Review reported. Property insurance rates grew by 4%, while cyber rates saw a 28% increase. Moreover, commercial insurance pricing rose 6% in Europe and 4% in the U.K.

1. Peru declares state of emergency after Cyclone Yaku
2. Gallagher Re buys independent Lloyd's brokerage
3. Ariel Re bags $270 million in fresh capital to accelerate growth
4. Canadian carrier cancels flights after planes get seized in Toronto
5. Burlington pork plant ammonia leak triggers evacuation
6. Parametric insurance increasingly filling gaps in traditional cover

Help

Pacific insurance rates up 5% in fourth quarter: Marsh

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources