The Acturis Commercial Lines Indices show commercial insurance premiums have continued to increase in the first quarter of 2024. The value of the Acturis Commercial Broking Index is 4.1% greater than in the first quarter of 2023.
The largest drivers of this increase are Property Owners and Fleets premiums, both of which have increased at least 7.5% when compared to this time last year. Combined Liability and Packages premiums have continued to grow at a similar level to that seen throughout 2023, whereas notably Commercial Combined is the only class of business where premiums have remained at a similar level to the first quarter of 2023.
Download the Insurance Age article in PDF here.
Related articles
20th February 2025
24th January 2025