💨 Abstract

Zurich Insurance Group announced a rise in its 9-month premium revenue, despite estimated pre-tax losses of $160 million from Hurricane Helene and expected losses of below $200 million from Hurricane Milton. The insurer's property and casualty gross written premiums increased by 4%, reaching $36.13 billion. Global commercial insurance rates declined 1% in Q3, marking the first quarterly drop in seven years.

Courtesy: theprint.in

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