insuranceNEWS.com.au - International

P&C market ‘normalising after rate surge’

Mon, 01 Jun 2026 05:11:09 GMT

The global property and casualty market is entering a normalisation phase after several years of exceptional price-driven growth, while climate change presents a growing affordability challenge, according to an Allianz report...

US on track for quiet hurricane season

Mon, 01 Jun 2026 04:17:42 GMT

The Atlantic Basin has a 55% chance of experiencing a below-normal hurricane season this year, the US forecasting agency estimates...

Moody’s warns on growing US flood cover gap

Mon, 01 Jun 2026 04:17:34 GMT

Residential flood exposure poses a growing credit risk in the US because there is a large insurance protection gap, Moody’s says...

Ping An makes it 10 years at the top of brand rankings

Mon, 01 Jun 2026 04:17:21 GMT

China’s Ping An has topped a list of the world’s most valuable insurance brands for the 10th year running, while Allianz remains in second spot, followed by US group Progressive...

Gulf conflict claims threaten to top Ukraine bill

Mon, 25 May 2026 04:26:06 GMT

The Middle East war may lead to more insurance losses than the Russia-Ukraine conflict, according to Allianz Commercial...

‘Don’t get ghosted’: regulator warns over online offers

Mon, 25 May 2026 04:25:59 GMT

The UK’s Financial Conduct Authority has warned young drivers over “too good to be true” insurance sold online after research found nearly half of under-25s had bought policies via social media or messaging apps...

Markel and Willis go nuclear together

Mon, 25 May 2026 04:25:51 GMT

Markel and Willis have launched a “first of its kind” nuclear power insurance facility under a partnership aiming to meet growing demand...

Investor demand makes ILS a ‘powerful’ player

Mon, 25 May 2026 04:25:17 GMT

Institutional investors are increasing allocations to insurance-linked assets, with non-traditional capital moving from the periphery to the mainstream, a Gallagher Securities report says...

HDI Global increases profit in tough market

Mon, 25 May 2026 04:25:01 GMT

Fewer large losses and strong investment income helped specialty lines insurer HDI Global increase net profit by 8% to €152 million ($248 million) in the first quarter...

Lloyd’s warns rates easing fast after ‘brutal’ Q1

Mon, 18 May 2026 04:41:49 GMT

Lloyd’s chief of performance and strategy Rachel Turk has called for discipline and a focus on premium adequacy as rate drops accelerate...

Allianz reports record first-quarter P&C profit

Mon, 18 May 2026 04:41:41 GMT

Allianz delivered a 6.6% increase in profit to €4.5 billion ($7.27 billion) in the first quarter, driven by strong results in property and casualty and its asset management division...

Alternative reinsurance capital here to stay

Mon, 18 May 2026 04:41:33 GMT

Alternative capital sources such as catastrophe bonds and sidecars are reshaping global reinsurance and now account for almost 20% of the market, according to Guy Carpenter...

Zurich reports strong start to year

Mon, 18 May 2026 04:41:26 GMT

Zurich’s gross written premium from property and casualty business rose 17% in the first quarter to $US15.6 billion ($21.5 billion)...

Talanx secures record profit as cat losses drop

Mon, 18 May 2026 04:41:15 GMT

Talanx made a record quarterly net income of €774 million ($1.25 billion) in the three months to March, up 28% year on year...

New Axa team focuses on threat prevention

Mon, 18 May 2026 04:41:03 GMT

Axa XL has launched a business unit for prevention services, led by global chief underwriting officer Libby Benet...

Market on the turn after record year for reinsurers

Mon, 11 May 2026 04:07:14 GMT

Reinsurers enjoyed record profitability last year, but the market is turning in favour of buyers, according to Gallagher Re...

Credit ratings hold up under major catastrophe scenario

Mon, 11 May 2026 04:07:06 GMT

An S&P Global Ratings stress test of global insurers and reinsurers has found most could probably withstand a one in 250-year climate disaster...

Industry backing AI but gains ‘remain incremental’

Mon, 11 May 2026 04:06:32 GMT

A small minority of insurers with advanced AI capabilities are outperforming peers on revenue growth and share price performance, but potential advantages from the technology are mostly unrealised, Capgemini says...

Low cat claims drive Swiss Re earnings

Mon, 11 May 2026 04:06:21 GMT

Swiss Re has reported a 19% rise in first-quarter net income to $US1.5 billion ($2.07 billion) and a 30% increase in underwriting profit to $US1.65 billion ($2.28 billion)...

Howden Re tries to crack code on cyber

Mon, 11 May 2026 04:06:13 GMT

Cyber market growth drivers have not kicked in as expected and the space remains soft for a fourth year, according to a Howden Re report...