Global insurance prices rose substantially over 2020, increasing by 22 percent in the fourth quarter alone. This marked the thirteenth consecutive quarter of increases. Prices consistently fell between 2015 and 2017, but this trend reversed in the final quarter of 2017.
Percentage change in commercial insurance pricing worldwide from Q1 2015 to Q4 2020
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Marsh. (February 4, 2021). Percentage change in commercial insurance pricing worldwide from Q1 2015 to Q4 2020 [Graph]. In Statista. Retrieved April 11, 2021, from https://www.statista.com/statistics/1053472/change-commercial-insurance-prices-worldwide/
Marsh. "Percentage change in commercial insurance pricing worldwide from Q1 2015 to Q4 2020." Chart. February 4, 2021. Statista. Accessed April 11, 2021. https://www.statista.com/statistics/1053472/change-commercial-insurance-prices-worldwide/
Marsh. (2021). Percentage change in commercial insurance pricing worldwide from Q1 2015 to Q4 2020. Statista. Statista Inc.. Accessed: April 11, 2021. https://www.statista.com/statistics/1053472/change-commercial-insurance-prices-worldwide/
Marsh. "Percentage Change in Commercial Insurance Pricing Worldwide from Q1 2015 to Q4 2020." Statista, Statista Inc., 4 Feb 2021, https://www.statista.com/statistics/1053472/change-commercial-insurance-prices-worldwide/
Marsh, Percentage change in commercial insurance pricing worldwide from Q1 2015 to Q4 2020 Statista, https://www.statista.com/statistics/1053472/change-commercial-insurance-prices-worldwide/ (last visited April 11, 2021)