Zurich expects P&C prices to hold stable after commercial rates rise 5% in Q1
Zurich Insurance Group’s commercial business recorded Q1 rate increases across all regions, averaging 5%, but with stronger hikes of 8%…
Swiss Re Corporate Solutions posts another healthy result
Swiss Re Corporate Solutions posted a healthy net profit of $194m in the first quarter despite catastrophe losses, mainly from…
Everest launches Australian insurance operations
Everest has officially launched its Australian insurance operations after receiving approval from the Australian Prudential Regulation Authority. The business will…
Swiss Re’s Gonzalez to lead Corporate Solutions
Swiss Re has announced that Ivan Gonzalez, CEO of Reinsurance China, has been appointed CEO of Corporate Solutions, where he…
US property market stabilises but concern over casualty loss trends
There has been a noticeable stabilisation in the US property marketplace during Q1 2024, according to WTW. Its Insurance Marketplace…
Property rates easing; insurers press for liability increases: Rims Riskworld
After more than a year of sharp property insurance rate hikes and six years of sustained price increases, commercial insurance…
