US commercial insurance reports composite rate increase of 3.8% in Q3’24: MarketScout
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...
Recommended Articles
Posted: Oct 02, 2025
Over 90% of businesses worldwide have expressed interest in insurance coverage for Generative AI (Ge...
Posted: Oct 02, 2025
Aon, a global insurance and reinsurance broking group, has announced the appointment of Anshuman Sri...
Posted: Oct 02, 2025
Vantage Group Holdings Ltd., a specialty insurer and reinsurer, has announced the promotion of Krist...