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Rates continue to rise but show signs of moderating: Marsh


Rates continue to rise but show signs of moderating: Marsh
05-05-2021
28-04-2021
Global commercial insurance prices increased 18 percent in the first quarter of 2021, according to Marsh’s Global Insurance Market Index, with the index seeing the first declines in the average rate of price increases since the first global rate rises were registered in Q4 2017.
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Q1 commercial insurance prices rose 18%


By StrategicRISK
2021-05-04T12:10:00+01:00
Quarter is the first to show a fall in the average rate of increase since Q4 2017; UK continues to lead with rate hikes of 35% - Marsh
Global commercial insurance prices increased 18% in the first quarter of 2021, according to the Global Insurance Market Index released today by Marsh, the world’s leading insurance broker and risk advisor.
The quarter is the first to show a fall in the average rate of increase since the index reported the first rise in global rates in Q4 2017. It follows year-on-year average increases of 22% in the fourth quarter and 20% in the third quarter of 2020. ....

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13 Must Reads for the CRE Industry on Apr. 14, 2021


13 Must Reads for the CRE Industry Today (Apr. 14, 2021)
Foreign institutions are partnering with U.S. companies to buy single-family rentals, reports the Wall Street Journal. The Associated Press looks at the legal and scientific principles for why the CDC is behind the current eviction ban. These are among today’s must reads from around the commercial real estate industry.
That Suburban Home Buyer Could Be a Foreign Government “Big foreign investment firms that buy office buildings, hotels and shopping centers around the world have a new favorite real-estate play: single-family homes in American suburbs. These institutions are partnering with U.S. housing companies to buy or build rental homes by the thousands. In suburban neighborhoods near cities such as Atlanta, Las Vegas and Phoenix, blocks of families are sending monthly rent checks to ventures backed by Canadian pension funds, European insurers, and Asian or Middle Eastern government-run funds.” ( ....

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