News Non-Life03 Aug 2022

Pacific:Insurance prices grow at a slower rate quarter on quarter in 2Q

| 03 Aug 2022

Insurance pricing in the Pacific region, that is dominated by the Australian market, increased by 7% in the second quarter of this year, down from 10% in the prior quarter and the sixth consecutive quarterly reduction in rate increases, according to the 2Q2022 "Global Insurance Market Index" report released by leading global insurance broker Marsh.

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