US commercial insurance reports composite rate increase of 3.8% in Q3’24: MarketScout

Share!

Reinsurance News - Oct 14, 2024

The US commercial insurance sector saw a composite rate increase of 3.8% in Q3 2024, with property insurance up 5.7% and commercial auto and transportation risks experiencing the highest rise at 7.3%. MarketScout notes that although insurers expected significant impacts from Hurricane Helene, much o...

Read Full Article

Recommended Articles

Fairly stable conditions expected at 1.1, reinsurance demand to remain high in 2025: RBC Capital Markets

Posted: Dec 20, 2024

The reinsurance industry should expect to see fairly stable conditions at the upcoming January 1st r...

KBW remains confident in Bermuda’s reinsurance outlook despite tax uncertainty

Posted: Dec 20, 2024

Despite some near-term uncertainties surrounding tax regulations, Keefe, Bruyette & Woods analys...

US Federal Reserve Board announces new appointments to its Insurance Policy Advisory Committee

Posted: Dec 20, 2024

The US Federal Reserve Board has announced seven appointments to its Insurance Policy Advisory Commi...