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International

Florida hurricane payouts may hit $11 billion

15 October 2018

Catastrophe modeller Karen Clark & Company estimates private insured losses from Hurricane Michael, which hit the Florida coast last week, could approach $US8 billion…

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Florence dominates costly cat month

15 October 2018

Insured losses from Tropical Cyclone Florence in the US are expected to reach billions of dollars due to low flood insurance penetration, according to Impact Forecasting’s latest monthly global catastrophe report…

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Lloyd’s to shift EU business to Brussels

15 October 2018

Lloyd’s will transfer all European Union insurance business to Brussels before the end of 2020…

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Tech-obsessed CEOs miss dangers of staff misconduct

15 October 2018

CEOs and boards in the US are more concerned about disruptive technology threats than exerting control over employee misconduct and company ethics, a Deloitte risk management survey shows…

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Chubb reveals catastrophe impact

15 October 2018

Chubb has forecast a $US372 million ($521.95 million) net catastrophe loss for the current quarter…

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UK insurers warn against ‘inexcusable’ tax jump

15 October 2018

The Association of British Insurers has urged the Government not to increase the insurance premium tax any further as it tries to balance its budget…

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Stop supporting fossil fuel firms: US consumer leader

15 October 2018

US insurers should follow their European peers and stop underwriting and investing in coal and other fossil fuel projects, the country’s leading consumer advocate says…

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Allianz arm expands alternative risk role

15 October 2018

Allianz Global Corporate & Specialty is expanding its alternative risk transfer business to the Asia-Pacific region, and has appointed Richard Green to run the Singapore-based unit…

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Gallagher makes Forbes best employers list

15 October 2018

Global broker Gallagher is among the world’s best employers, according to Forbes…

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