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Rate moderation and risk escalation with Alex Wells
Manage episode 444329678 series 2905650
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“Every year we would have a historically high number of named storms, a historically high number of wildfires, a variety of things flooding, severe convective storms that all fed into what turned into historically large losses for the insurance industry, particularly in the United States", said Alex Wells, Head of U.S. Middle Market.
In the first episode of Zurich North America’s “Market in Transition” podcast miniseries, Alex Wells, Head of U.S. Middle Market with Zurich North America and Al Orendorff, Chief Communications Officer engage in a rich conversation about the fragile balance between rate moderation and the reality of intensifying risks posed by natural disasters. The discussion delves into the broader themes of stability and volatility within the commercial insurance market.
Record date: 09/03/24
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