News Non-Life14 Aug 2020

Pacific:Overall commercial insurance pricing in region rises by 31% in 2Q

| 14 Aug 2020

Overall insurance pricing in the second quarter of 2020 in the Pacific region-made up largely by Australia--increased 31%, continuing an upward trend that began in 2015, according to Marsh's quarterly Global Insurance Market Index, a proprietary measure of global commercial insurance premium pricing change at renewal, representing the world's major insurance markets and comprising nearly 90% of Marsh's premiums.

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