Marsh McLennan’s Doyle: Insurance pricing to remain stable as global index slows to 2%

The Marsh Global Insurance Market Index slowed in the fourth quarter to increase by 2 percent, down from 3 percent in Q3 2023, but John Doyle, CEO of parent Marsh McLennan, said pricing is expected to remain relatively stable amid a rising cost of risk for insurers, including a more stressed casualty market.