The stats: March 2021 - The Acturis Premium Index
The last quarter of 2020 saw premiums continue to rise in most of the product lines featured in the Acturis Commercial Broking Index
Acturis explained that the shape of the 2020 index had been heavily influenced by the Covid-19 pandemic, and that all classes of business had seen a turning point in the second and third quarters of the year following on from the national lockdown.
The software house detailed that this had continued throughout the rest of the year and noted that 2020 had seen the highest premium value since the inception of the index in 2010. The year saw a 2.6% increase in premium compared to 2019.
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