The survey, which consisted of 16 questions designed to provide insights into the burgeoning cyber insurance market, creates a snapshot of the market allowing us to monitor changes and trends.
Key takeaways are from The Council of Insurance Agents & Brokers’ Commercial Property/Casualty Market Report Q1 2018
Key takeaways are from The Council of Insurance Agents & Brokers’ Commercial Property & Casualty Market Report Q4 2017
The survey, which consisted of 16 questions designed to provide insights into the burgeoning cyber insurance market, creates a snapshot of the market and highlights changes and trends.
See the results.
Commercial property/casualty (P/C) rates continued to decline for the tenth straight quarter, according The Council of Insurance Agents & Brokers’ Commercial P/C Market Survey.
When it comes to purchasing cyber insurance, clients are beginning to ask the right questions as they become more familiar with the risk.
Commercial property/casualty (P/C) rates remained competitive in Q1 2017, with the average rate decline across all accounts at 2.5 percent.
Commercial property/casualty (P/C) rates declined in Q4 across small, medium and large accounts for the eighth straight quarter, according to The Council of Agents & Brokers’ Commercial P/C Market Survey.
Commercial property/casualty rates decreased across all size accounts once again, according to The Council of Insurance Agents & Brokers’ Commercial P/C Market Survey for the third quarter of 2016. The average decrease was -3.2 percent which is a slight increase from -3.9 percent in Q2. Large accounts once again saw the largest decreases at -4.3 percent, followed by medium-sized accounts at -3.7 percent, and small accounts at -1.5 percent.
