The stats: December 2019 - The Acturis Premium Index
The third quarter of 2019 brought year-on-year premium growth in all classes of commercial business but one, according to the latest set of data provided by Acturis.
A third consecutive quarter of significant premium growth was reported in commercial liability, with 7.7% year-on-year growth posted for Q3 2019. This followed figures of 4.1% and 7.9% for the first two quarters of the year respectively.
“For combined liability to be up 7.7% year-on-year is a pretty meaningful number,” Peter Blanc, group CEO at Aston Lark, told Insurance Age. “We think that part of the reason is a reduction in the number of carriers. That’s
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