2024 Snickers Commercial Insurance. In this q2 2024 commercial lines insurance market update, we review insurance rates. The market value is projected to increase from usd 935 million in 2024 to usd 2,094.70 million by 2034.
While we remain optimistic about the insurance industry, the challenges we face going into the year ahead are real. The commercial insurance market is expected to expand at a cagr of 8.40%.