From: Captive.com/IRMI
Global commercial insurance rates dropped by 4 percent in the second quarter of 2025, marking the fourth consecutive quarterly decline, according to Marsh’s Global Insurance Market Index. The report attributes the downward trend to increased competition among insurers, which has led to broader coverage and more favorable pricing for clients in most regions and across most product lines.
Per Marsh, the United States was the only major market where overall rates remained flat. All other regions experienced year-over-year composite rate decreases ranging from 4 percent to 11 percent. The Pacific region saw the largest reduction at 11 percent, followed by the United Kingdom with a 6 percent decline. Europe, Canada, Asia, Latin America and the Caribbean (LAC), and India, the Middle East, and Africa (IMEA) all recorded declines between 4 percent and 5 percent.
According to the report, property insurance rates dropped by 7 percent globally. The steepest reductions were seen in the Pacific and US markets—13 percent and 9 percent, respectively—while other regions reported declines between 4 percent and 7 percent.
