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Global commercial insurance rates show first quarterly fall in seven years, Marsh says

by AIP Online Bureau | Oct 25, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Marsh said the fall in the composite rate – the first since the third quarter of 2017 – was largely driven by increased competition among insurers in the global property market.On average, composite rates decreased in the Pacific by 6%, in the UK by 5%, in...

Zurich Kotak General Insurance to scale up its commercial insurance portfolio, Ajey Hegde to head the unit

by AIP Online Bureau | Sep 24, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

Sean Walker, Head of Commercial Insurance & Chief Technical Officer, APAC, said, “As Indian businesses continue to grow, Zurich Kotak is well-positioned as a key risk management partner, helping commercial customers better understand and navigate current and...

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