Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

24 March 2018

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Slowdown in US P&C insurance rates

12 May 2017

US commercial P&C rates continued to decrease in Q1 although the pace of softening slowed, according to the Council of Insurance Agents and Brokers (CIAB).

Average rates dipped by 2.5 percent in the three months to 31 March 2017, compared with a 3.7 percent fall in the prior-year quarter and a 3.3 percent decrease in Q4 2016, the CIAB said in its latest pricing survey. Commercial property rates declined by 3.1 percent.

The period marked the ninth consecutive quarter of...

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