Insurance premiums drop as coverage grows
Falling premiums and retention rates in 2024 enabled buyers to raise policy limits and seek broader protection. In the UK and EU, average rates on line (RoLs) declined 0.16%, with similar drops in the US, Asia, and MENA. Meanwhile, policy limits rose across all regions as a percentage of enterprise value, with the US seeing the largest increase at 5.48% over 2023.
