WTW’s Commercial Lines Insurance Pricing Survey (CLIPS) has revealed notable insights regarding U.S. commercial insurance rates. The survey indicated an aggregate increase of 5.6% in the fourth quarter of 2024 compared to the same period in the previous year. Though this increase remains
Cyclone Alfred left behind a trail of devastation, affecting thousands of homeowners who are now grappling with the daunting task of rebuilding their lives and properties. Many have turned to their insurance policies, hoping to find relief and security in a time of great uncertainty. However,
The commercial property insurance market, particularly for multinational businesses, is becoming increasingly complex. This dynamic environment necessitates robust risk mitigation strategies and strong insurance partnerships. These partnerships are essential for effectively managing property risks
In today's global landscape, multinational companies continually face emerging risks and uncertainties. Having robust risk management and effective property insurance strategies is paramount to remain resilient and operational amid natural catastrophes, economic pressures, and geopolitical
The commercial insurance landscape in the United States has seen significant fluctuations over the years, with a general trend of rising rates. According to the latest data from WTW's Commercial Lines Insurance Pricing Survey (CLIPS), the fourth quarter of 2024 continued to witness an upward trend
Managing property risks for multinational businesses operating across various locations presents unique challenges that necessitate robust and strategic risk management practices. By implementing comprehensive multinational property programs, these organizations can effectively navigate the
