Global insurance rates fall amid softer market conditions – report

Global insurance rates fall amid softer market conditions – report


All global regions experienced composite rate decreases in the third quarter. The Pacific region saw the largest decline at 11%, followed by Latin America and the Caribbean and the United Kingdom at 6% each. Rates fell 5% in both Asia and the India, Middle East and Africa region; 4% in Europe; and 3% in Canada. In the United States, rates declined 1% after remaining flat in the second quarter.


Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by finopulse.
Publisher: Source link