Insurance
Report says global insurance rates fall amid soft market conditions

Composite interest rates fell in the third quarter in all regions of the world. The Pacific region saw the largest decline, at 11%, followed by Latin America and the Caribbean and the United Kingdom, which each fell by 6%. Rates fell by 5% in Asia and India, the Middle East and Africa; 4% in Europe; and 3% in Canada. In the United States, interest rates fell 1% after being flat in the second quarter.




