1、Global insurance markets Q3 2022:Financial and professional lines pricing declinesGlobal insurance markets:Financial and professional lines pricing declines2Source:Marsh Specialty and Global Placement01|Global insurance composite pricing changeQ3 182%Q4 182%Q1 193%Q2 196%Q3 198%Q4 1911%Q1 2014%Q2 20

2、19%Q3 2020%Q4 2022%Q1 2118%Q2 2115%15%Q3 2113%Q4 21Q1 2211%Q2 229%Q3 226%Global commercial insurance pricing rose 6%in the third quarter of 2022,according to the Marsh Global Insurance Market Index.The pace of rate increase slowed for the seventh consecutive quarter;global composite increases peaked

3、 at 22%in the fourth quarter of 2020.The third quarter was the twentieth consecutive in which composite pricing rose,continuing the longest run of increases since the inception of the index in 2012.In the third quarter of 2022,composite pricing moderated in most regions,driven by the first decrease

4、in financial and professional lines since the third quarter of 2017.Cyber insurance pricing increases again outpaced other products;however,cyber insurance pricing increases also moderated,to 48%in the US and 66%in the UK.Regionally,composite pricing increases for the third quarter were as follows(s

5、ee Figure 2):US:5%.UK:7%.Continental Europe:6%.Latin America and the Caribbean:5%.Asia:2%.Pacific:5%.*Note:All references to pricing and pricing movements in this report are averages,unless otherwise noted.For ease of reporting,we have rounded all percentages regarding pricing movements to the neare

6、st whole number.Global insurance markets:Financial and professional lines pricing declines3Source:Marsh Specialty and Global Placement02|Composite insurance pricing change by regionUSUKCont.EuropeLatin AmericaAsiaPacificQ4 2114%22%Q4 21Q4 219%Q4 214%Q4 214%Q4 2113%Q1 2212%20%Q1 22Q1 226%Q1 226%Q1 22