Global insurance rates climbed in first quarter, according to Marsh
Global insurance rates climbed 0.3% in the first quarter of 2013 bolstered by the US market, continuing an 18 month trend, according to Marsh’s latest global insurance market quarterly briefing.
In the US, most major insurance lines saw renewal rate increases of 2% to 4%. However, outside the US, rates overall decreased by an average of approximately 1%.
According to the Marsh Risk Management
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