Marsh US pricing index rises by 14% in Q3, lifted by 96% surge in cyber rates
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Marsh US pricing index rises by 14% in Q3, lifted by 96% surge in cyber rates

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US commercial insurance prices increased by 14% in Q3, a slight acceleration in the rate of increase after three straight quarters of decline, according to Marsh.

The increase was buoyed by a 96% surge in cyber prices.

The US cyber pricing leap was a 40-percentage point increase over the second quarter and the largest increase since 2015, Marsh said.

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