Commercial Property/Casualty Market Index Survey

Definition of 'Commercial Property/Casualty Market Index Survey'


A survey of its members in the Council of Insurance Agents & Brokers regarding the commercial property/casualty market. This quarterly Commercial Property/Casualty Market Index Survey covers the rate of premiums over small, medium and large commercial accounts; tracks regional trends; and provides member commentary on market conditions, pricing practices and trends. The council's other survey is the biannual Employee Benefits Market Index.

Investopedia explains 'Commercial Property/Casualty Market Index Survey'


Commercial Property/Casualty Market Index surveys are promoted by press releases and used by news media, policy makers and consumers to learn about and comment on market conditions. It was established in 1999 and is the longest-running survey of its kind. The council's members are particularly qualified to provide the data for this survey because they place 80% of all commercial property/casualty premiums in the United States.



comments powered by Disqus
Hot Definitions
  1. Passive ETF

    One of two types of exchange-traded funds (ETFs) available for investors. Passive ETFs are index funds that track a specific benchmark, such as a SPDR. Unlike actively managed ETFs, passive ETFs are not managed by a fund manager on a daily basis.
  2. Walras' Law

    An economics law that suggests that the existence of excess supply in one market must be matched by excess demand in another market so that it balances out. So when examining a specific market, if all other markets are in equilibrium, Walras' Law asserts that the examined market is also in equilibrium.
  3. Market Segmentation

    A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will respond similarly to a marketing action. Market segmentation enables companies to target different categories of consumers who perceive the full value of certain products and services differently from one another.
  4. Effective Annual Interest Rate

    An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following:
  5. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option is purchased and the lower premium option is sold - both at the same time. The higher the debit spread, the greater the initial cash outflow the investor will incur on the transaction.
  6. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious debt when government leaders use borrowed funds in ways that don't benefit or even oppress citizens. Some legal scholars argue that successor governments should not be held accountable for odious debt incurred by earlier regimes, but there is no consensus on how odious debt should actually be treated.
Trading Center