Key Takeaways from the Q3 GIMI
• Casualty rates increased 3% globally – down from 4% in Q2 – which was driven by an 8% increase in the US due largely to the frequency and severity of casualty claims, many of which are characterized by large (so-called “nuclear”) jury awards.
• Property rates declined by 8% globally, following a 7% decline in Q2. The Pacific had a 14% decrease, and US and LAC regions experienced the largest decreases at 9%, respectively, while all other regions declined between 3% and 7%.
• Financial and professional lines rate decreases continued, at 5% globally in the third quarter compared to a 4% decrease in Q2 2025. Rates declined in every region, ranging from 10% in Pacific to 2% in the US.
• Cyber insurance rates decreased by 6% globally, with declines seen in every region, including 12% in Europe; 11% in LAC and the UK, respectively; and 10% in the Pacific.
Click HERE to download a summary of the latest GIMI report (Q2 2025) from Marsh.