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U.S. commercial P&C rates declined by an average of 1% in December 2016, continuing the trend set in November after the 2% decline seen in October, according to analysis from MarketScout and Keefe, Bruyette & Woods (KBW).

Rates in the U.S. commercial P&C sector declined by an average of 1% in September, the fourth month in a row that a -1% rate movement has been recorded, suggesting the market is at a “standoff,” according to Richard Kerr, Chief Executive Officer (CEO) of MarketScout.

Following four months of flat rate movements across U.S. commercial property and casualty (P&C) lines, MarketScout’s latest P&C insurance barometer reveals a 1% increase during July.

MarketScout’s latest Insurance Market Barometer signals that U.S. commercial property and casualty (P&C) insurance rates remained flat in June, following the trend witnessed in the previous three months of the year.

The latest Insurance Market Barometer from MarketScout and accompanying commentary from analysts at Keefe, Bruyette & Woods reveals U.S. commercial property and casualty insurance (P&C) rates remained flat in May.

Commercial property and casualty (P&C) rates during the first-quarter of 2015 declined by an average of 2.3% as a lack of catastrophe losses and ample reinsurance capacity continues to pressure markets, according to KBW analysts and the CIAB.

U.S. commercial P&C rates declined by an average of 1% in November, a deceleration from the -2% recorded in October as commercial insurers continue to marginally move rates, according to analysis from MarketScout and Keefe, Bruyette & Woods (KBW).

After four consecutive months of rates in the U.S. commercial P&C sector declining by an average of 1%, October saw average rate reductions accelerate across the sector, falling by an average of 2% in the month, according to analysis from MarketScout and Keefe, Bruyette & Woods (KBW).

For the third consecutive month U.S. commercial P&C rates declined by an average of 1% during August, as insurers look to put a stop to any further rate reductions, according to market analysis from MarketScout and Keefe, Bruyette & Woods (KBW).

Analysis from the Council of Insurance Agents & Brokers (CIAB) highlights a continuation of the buyers market as commercial P&C rates declined by an average of 3.9% in Q2, across all account sizes.