The Global Insurance Market Index is your guide to the latest pricing insights from the world’s leading insurance broker and risk advisor, Marsh Risk.
Global commercial insurance rates fell, on average, 4% in Q4, the sixth consecutive quarterly decrease.
Here are the key takeaways from the Q4 2025 results:
• Property rates declined by 9% globally, following an 8% decline in Q3. Four regions – the Pacific (14%), LAC (12%), IMEA (11%), and the UK (10%) – recorded double-digit decreases, while the US, Canada, and Europe declined by 8%, and Asia by 5%.
• Casualty rates increased 4% globally which was driven by a 9% increase in the US (8% in Q3) due largely to the continued concerns among insurers about the frequency and severity of casualty claims, many of which are characterized by large (so-called “nuclear”) jury awards.
• Financial and professional lines rates decreased by 4% globally in the fourth quarter. Rate declines were recorded across most regions – barring the US – ranging from 11% in IMEA to 5% in the UK and Canada. Financial and professional insurance rates in the US were flat as compared to a 2% decline in Q3.
• Cyber insurance rates decreased by 7% globally, with declines seen in every region ranging from 14% in LAC to 3% in the US.
For the full breakdown of results by region and product level, read the full report.