2020 renewals News

Zurich Sees Hardening Rates, Improving Terms – in Market Not Seen Since 2002

Zurich Insurance Group AG expects to have more power to increase commercial insurance rates than it has seen in almost two decades as a shortage of supply and high natural catastrophe payouts help reverse declining premiums. “The last time this …

Carpenter’s Global Property Catastrophe Index Rises by 5% in January Renewals

Pricing corrections in the property catastrophe reinsurance market over the last few years have been localized and mitigated to some extent by sufficient levels of capacity, according to Guy Carpenter in its January reinsurance renewal report. As a result, pricing …