Thought Leadership

10 Global Commercial Updates

  1. Global commercial insurance prices rose in the second quarter of 2018, making the third consecutive quarter of increases and these increases were driven by property insurance which continued to be affected by 2017’s catastrophe losses, as well as financial and professional lines. Globally, property insurance prices increased 2.3 %, on average, during the second quarter, which was slightly less than that observed in the previous two quarters.
  2. BMW says a no-deal Brexit would push up the cost of cars.
  3. 54% of employees work from home at least once a month.
  4. 49% of real estate decision makers expect to collaborate with an existing or new supplier to develop their technological innovation capability.
  5. Dollar value for 2,200 citywide transactions rise 20% annually to $21.6 billion.
  6. AI the future of retail banking.
  7. Netflix hunts long-term UK production base amid race for studios.
  8. No-deal Brexit- withdrawal could be as bad as 2008 crash.
  9. British steel plans 400 job cuts and blames weak pound.
  10. Turkey-Ankara raises interest rates to 24% in startling bid to curb inflation.
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