Global insurance prices rose in the fourth quarter of 2023, increasing by two percent in that quarter alone. This marked the 25th 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 2023
Characteristic
Price change
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Marsh. (February 5, 2024). Percentage change in commercial insurance pricing worldwide from Q1 2015 to Q4 2023 [Graph]. In Statista. Retrieved September 10, 2024, 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 2023." Chart. February 5, 2024. Statista. Accessed September 10, 2024. https://www.statista.com/statistics/1053472/change-commercial-insurance-prices-worldwide/
Marsh. (2024). Percentage change in commercial insurance pricing worldwide from Q1 2015 to Q4 2023. Statista. Statista Inc.. Accessed: September 10, 2024. https://www.statista.com/statistics/1053472/change-commercial-insurance-prices-worldwide/
Marsh. "Percentage Change in Commercial Insurance Pricing Worldwide from Q1 2015 to Q4 2023." Statista, Statista Inc., 5 Feb 2024, https://www.statista.com/statistics/1053472/change-commercial-insurance-prices-worldwide/
Marsh, Percentage change in commercial insurance pricing worldwide from Q1 2015 to Q4 2023 Statista, https://www.statista.com/statistics/1053472/change-commercial-insurance-prices-worldwide/ (last visited September 10, 2024)
Percentage change in commercial insurance pricing worldwide from Q1 2015 to Q4 2023 [Graph], Marsh, February 5, 2024. [Online]. Available: https://www.statista.com/statistics/1053472/change-commercial-insurance-prices-worldwide/