The shape of the Acturis Commercial Lines in 2020 was heavily influenced by the Covid-19 crisis. All classes of business saw a turning point in the second and third quarters of the year, when the first lockdown period was introduced, and this has continued throughout the rest of the year.
At the end of the year, the Acturis Commercial Broking Index finished the year at a value 2.6% higher than in 2019. All lines of business within the index saw an increase in average premium, with the exception of Fleet, which again is very likely to be a direct consequence of Covid-19.
Download the Insurance Age article in PDF Acturis Indices 2020 Q4