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Simple and complex risks split insurance pricing – Zurich | Strategic Risk Europe

“When it comes to new emerging risks, risk management is on the front line.”

She noted that Zurich has taken a lead in offering international insurance programmes since 1978. “Back then, nobody dared to offer such covers,” said Tondu-Mélique.

For general insurance pricing, she suggested commercial buyers had seen prices flatten after years of cheapening rates.

“At first sight, we don’t see a market turnaround, but the polarisation starting to emerge is going to fundamentally restructure the market,” Zurich’s CEO for France said.

For French buyers, commercial property prices had seen a slight drop in January, she explained, while rates on engineering lines were flat.

Financial lines saw a slight decrease due to high competition among insurers, Tondu-Mélique suggested.

“High capacity is available for cyber risk,” she added.

Commercial motor insurance had selectively seen a rise in prices, according to Tondu-Mélique, likewise for casualty/liability lines.

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Simple and complex risks split insurance pricing – Zurich | News | Strategic Risk Europe.

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