The Acturis indices have delivered a mixed report on the movement in average premiums in the fourth quarter of 2014.
There were some small positives, for instance the software company’s commercial broker index, which is weighted across key lines to represent a typical broker’s commercial book of business (see ‘Explaining the figures’ box below right), went up by 0.2% this quarter. The figure is a like-for-like comparison looking at the same quarter in the previous year. The increase is encouraging as the figure for the same quarter of 2013 – as well as those for the first two quarters of 2014 – was negative.