Your Daily Insurance Industry Briefing

Global Commercial Insurance Rates Decline for Seventh Consecutive Quarter in Q1 2026 Amid Increased Capacity

• Global commercial insurance rates saw a 5% decline in the first quarter of 2026, marking the seventh consecutive quarter of decreases, according to Marsh's Global Insurance Market Index (GIMI). This downward trend is attributed to significant insurer capacity, including growth from reinsurers and new market entrants, which has intensified competition and led to more favorable terms and broader coverage options for clients.

  Marsh

• While property rates dropped by 9%, financial and professional lines decreased by 5%, and cyber insurance rates also declined by 5%, casualty rates globally increased by 3%. This rise was primarily driven by a 9% increase in the US, contrasting with declines in other regions that reflect less litigious legal environments.

  Marsh

• Significant merger and acquisition activity continues to reshape the industry, with KKR joining a consortium to acquire Australian broker Steadfast for $5.35 billion on July 14, 2026. Additionally, Thomas Miller shareholders approved an acquisition through the merger of mutuals TT Club and UK P&I on July 15, 2026.

  Ambest