Growth in average commercial lines premiums has picked up again in the third quarter of 2024, following a slow-down in the first half of the year, according to the latest Acturis Commercial Broking Index. Ida Axling reports.

Fleet and property owners have continued to be the most significant movers within the Acturis Commercial Broking Index, which represents the average premium in a typical commercial book of business, contributing to an overall premium rise of 4.5% compared to Q3 last year.

Looking at the individual lines of business and starting with the highest achiever, fleet grew by 8.3% year-on-year. This is a continuation of a trend that has seen fleet increase by around 8% in each quarter this year