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Global Insurance Market Index

Pacific pricing Q2 2023

Insurance pricing in the Pacific region increased 2% in the second quarter, compared to 7% in the prior quarter.
January 10, 2019. Sydney, Australia. Landscape aerial view of Sydney Opera house near Sydney business center around the harbour.

31/07/2023

Financial and professional lines decrease drives overall pricing moderation

Insurance pricing in the Pacific region increased 2% in the second quarter, compared to 7% in the prior quarter.

Constant bar chart represents global insurance composite pricing change.

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Panorama of Chicago

Global Insurance Market Index

US pricing

Insurance pricing in the second quarter of 2023 in the US increased by 4%, the same as in the prior quarter.
Skyline of London over Tower Bridge on the Thames

Global Insurance Market Index

UK pricing

Insurance pricing in the UK increased 1% in the second quarter, compared to 3% in the prior quarter.
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Global Insurance Market Index

Latin America and Caribbean pricing

Insurance pricing in the second quarter in the Latin America and Caribbean (LAC) region increased 8%, the same as in the prior quarter.
Panarama of the mountains, snow and blue glacial ice of the Smeerenburg glacier, Svalbard, and archipelago between mainland Norway and the North Pole. An inflatable boat is anchored in the foreground.

Global Insurance Market Index

Continental Europe pricing

Insurance pricing in the second quarter in Continental Europe (CE) increased 5%, the same as in the prior quarter.
beautiful nanpu bridge at dusk,crosses huangpu river,shanghai,China

Global Insurance Market Index

Asia pricing

Insurance pricing in the second quarter in Asia was flat, compared to a 1% increase in the prior quarter.