The stats: June 2016
The world of commercial insurance remains a dark place, despite the promise of sunshine and warm summer nights. The latest Acturis Premium Index showed an overall flat market, with experts stating they do not expect any change in the near future
Property owners, packages, commercial combined and fleet all declined in the first quarter of 2016 compared to the same quarter last year, while commercial vehicle, combined liability and tradesman saw differing increases.
The Acturis Commercial Broking Index, which measures average premium movements across key lines in a typical broker’s book of business (see box), was down 1.4% (see below). It also landed below the baseline – which is the first quarter of 2010 – at 98.1.
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