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Global commercial insurance prices continue to harden
Global commercial insurance prices increased 20 per cent in the third quarter of 2020, according to Marsh’s Global Insurance
Market Index. The increase, the largest since the index was launched in 2012, follows year-over-year average increases of
19 per cent in the second quarter and 14 per cent in the first quarter. The average composite price increase of 20 per cent
was driven principally by property insurance rates and financial and professional lines.
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