WTW-美国商业保险价格总涨幅略低于4%（英）

wtwco.comSurveying commercial insurance2025 Q2 updatePricing and profitability© 2025 WTW. Proprietary and confidential. For WTW and WTW client use only.wtwco.com2Now more than ever, price monitoring is key© 2025 WTW. Proprietary and confidential. For WTW and WTW client use only.How are prices affected by changes in investment income?What is really happening to underwriting results?How does pricing compare to industry?How are loss costs changing?wtwco.com3Change in price level versus same quarter one year prior© 2025 WTW. Proprietary and confidential. For WTW and WTW client use only.14%12%9%5%3%0%-1%-1%-2%-2%-2% -2%-1%-1%-3%-4%-5%-5%-6%-6%-6%-5%-3%-1%1%0%0%-1%-1%-1%-1%1%2%2%3%5%6%6%6%6%6%5%5%4%3%3%2% 2%1%1% 1%0%0%0%0%1%1%1%1%2%2%2%2%2%4%5%6%6%10%9%10%8%8%7%7%6%6%5%4%5%7%6%6%7%6%6%6%5%4%-10%-5%0%5%10%15%2023-22004-22005-22006-22007-22008-22009-22010-22011-22012-22013-22014-22015-22016-22017-22018-22019-22020-22021-22022-22023-22024-22025-2wtwco.comMost of the lines continued to have moderate to significant rate increases in Q2© 2025 WTW. Proprietary and confidential. For WTW and WTW client use only.Year-over-year price level change0%1%2%3%4%5%6%7%8%9%2023-22023-32023-42024-12024-22024-32024-42025-12025-24wtwco.comLoss ratios continue to develop favorably in 2025© 2025 WTW. Proprietary and confidential. For WTW and WTW client use only.(2.8%)(1.6%)-5.0%-4.0%-3.0%-2.0%-1.0%0.0%1.0%2023 – 20242024 – 2025Change in earned loss ratiosSource: 2025 Q2 CLIPS.5wtwco.com© 2025 WTW. Proprietary and confidential. For WTW and WTW client use only.In this context, reliable information on how your company compares to the marketplace is crucialCLIPS is WTW’s U.S. commercial linespricing and profitability surveyInformation comes directly from carriersData-basedFreeConfidentialOnly participants receive the detailed survey results6wtwco.com• We collect information from participating companies each quarter – Estimated price changes by quarter for the last two years•Year-over-year percentage changes•Including the effects of coverage changes as well as rates•Including new business if available– Estimated increases in loss costs by year for the last two years• We deliver customized summary results back to the participants7© 2025 WTW. Proprietary and confidential. For WTW and WTW client use only.CLIPS gives participants more and better historical information on pricing and profitabilitySubmitted data are reviewed for reasonableness and consistency but not auditedOctober 1October 31December 10January 1Survey call distributedSurvey submission deadlineSurvey results distributedwtwco.comCLIPS information is collected and reported at line of business and account size level© 2025 WTW. Proprietary and confidential. For WTW and WTW client use only.Small commercial*Middle market commercialLarge account commercialSpecialty commercial linesWorkers’ compensationAuto liabilityAuto physical damagePackage CMP/BOPCommercial propertyGeneral/products liabilityExcess/umbrella liabilityWorkers’