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International

P&C insurers' revenue growth driven by price increase

February 21, 2023 Reprints

Charles Graham, senior industry analyst at Bloomberg Intelligence, said that Europe’s largest property and casualty insurers commercial lines’ revenue bounced back through September 2022, with price increases extending the momentum, Reinsurance News reported. Zurich Insurance Group Ltd. and Allianz SE reported 13% and 8.8% revenue growth, respectively, driven by increased pricing.

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P&C insurers' revenue growth driven by price increase

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