In the final three months the average premium in every line, bar packages, increased. That has not happened since the second quarter of 2013. Likewise, the jump in the Acturis commercial broking index – a basket of measures that reflects the make-up of a typical broker’s book – was also the highest measured since the second quarter of 2013.
The biggest increase – 9.1% – came in commercial vehicle. The change in the Ogden rate has been the main factor cited by experts for the increases in Q2 an