Mga Basang Sisiw

Ivans Index Q3 2023 Results Released

Retrieved on: 
Thursday, October 12, 2023
Umbrella, Padmakar–Ivan index, Product management, Ivane Matchavariani, Commercial general liability insurance, Insurance, Mga Basang Sisiw, Policy, BOP, Commercial property, Gasoline

Milwaukee, WI, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Ivans® today announced the results for Q3 2023 Ivans Index™, the insurance industry’s premium renewal rate index.

Key Points: 
  • Milwaukee, WI, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Ivans® today announced the results for Q3 2023 Ivans Index™, the insurance industry’s premium renewal rate index.
  • Premium renewal rate change by line of business for Q3 2023 highlights include:
    Commercial Auto: Q3 2023 average premium renewal rate averaged 7.01%, an increase compared to Q2 2023 average premium renewal rate of 6.50%.
  • BOP: BOP premium renewal rate increased in Q3 2023 with an average of 7.74% versus 7.56% in Q2 2023.
  • Umbrella: Average premium renewal rate change for Umbrella experienced an increase during Q3 2023 at 5.29% versus 5.12% in Q2 2023.

Ivans Index Q2 2023 Results Released

Retrieved on: 
Tuesday, July 25, 2023
Umbrella, Product management, Insurance, Policy, Mga Basang Sisiw, Commercial general liability insurance, Ivane Matchavariani, Padmakar–Ivan index, BOP, Commercial property, Gasoline, Rare-earth element, Index

Milwaukee, WI., July 25, 2023 (GLOBE NEWSWIRE) -- Ivans ® today announced the results for Q2 2023 Ivans Index™, the insurance industry’s premium renewal rate index.

Key Points: 
  • Milwaukee, WI., July 25, 2023 (GLOBE NEWSWIRE) -- Ivans ® today announced the results for Q2 2023 Ivans Index™, the insurance industry’s premium renewal rate index.
  • Premium renewal rate change by line of business for Q2 2023 highlights includes:
    Commercial Auto: Q2 2023 average premium renewal rate averaged 6.50%, an increase compared to Q1 2023’s average premium renewal rate of 5.85%.
  • BOP: BOP premium renewal rate increased in Q2 2023 with an average of 7.56% versus 7.12% in Q1 2023.
  • Umbrella: Average premium renewal rate change for Umbrella experienced an increase during Q2 2023 at 5.12% versus 5.08% in Q1 2023.

Ivans Index Q1 2023 Results Released

Retrieved on: 
Thursday, April 20, 2023
Umbrella, Product management, Insurance, Policy, Padmakar–Ivan index, Ivane Matchavariani, Workforce, Mga Basang Sisiw, Commercial property, Commercial general liability insurance, BOP, Gasoline

Milwaukee, WI., April 20, 2023 (GLOBE NEWSWIRE) -- Ivans ® today announced the results for Q1 2023 IVANS Index™, the insurance industry’s premium renewal rate index.

Key Points: 
  • Milwaukee, WI., April 20, 2023 (GLOBE NEWSWIRE) -- Ivans ® today announced the results for Q1 2023 IVANS Index™, the insurance industry’s premium renewal rate index.
  • The first quarter results of 2023 showed premium renewal rate change for all major commercial lines of business except Workers’ Compensation are up year over year.
  • Premium renewal rate change by line of business for Q1 2023 highlights includes:
    Commercial Auto: Q1 average premium renewal rate averaged 5.85%, an increase compared to Q4 2022’s average premium renewal rate of 5.62%.
  • Analyzing more than 120 million data transactions, the Ivans Index premium renewal rate change measures the premium difference year over year for a single consistent policy.