Rate of UK pricing rise shows steepest decline in Q2: Marsh
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Rate of UK pricing rise shows steepest decline in Q2: Marsh

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Insurance business placed in the UK showed the steepest decline in the rate of pricing increases during Q2, with the composite rate falling from 20% in Q1 to 11% in Q2, according to Marsh’s global insurance market index.

The rate of price rises in the UK had been running at a higher level than in other geographies, but is now experiencing a more rapid decline than other territories, with the rate down 16 points from Q3 2021.

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