insuranceNEWS.com.au http://www.insurancenews.com.au/ General insurance and financial services news from Australia and around the world en-au admin@insurancenews.com.au Copyright 2017 Warm Atlantic raises US hurricane risk http://www.insurancenews.com.au/international/warm-atlantic-raises-us-hurricane-risk http://www.insurancenews.com.au/international/warm-atlantic-raises-us-hurricane-risk An “active” US hurricane season is increasingly likely as warm Atlantic Ocean temperatures raise the risks, according to forecasts issued as the peak storm period arrives…

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Mon, 14 Aug 2017 12:00:00 +1000
Chinese flooding dominates July cat bill http://www.insurancenews.com.au/international/chinese-flooding-dominates-july-cat-bill http://www.insurancenews.com.au/international/chinese-flooding-dominates-july-cat-bill Six weeks of flooding in China has caused economic damage of more than $US10 billion and nearly 200 deaths, according to Impact Forecasting’s catastrophe recap for last month…

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Mon, 14 Aug 2017 12:00:00 +1000
UK insurers back pre-Brexit focus on contract law http://www.insurancenews.com.au/international/uk-insurers-back-pre-brexit-focus-on-contract-law http://www.insurancenews.com.au/international/uk-insurers-back-pre-brexit-focus-on-contract-law The Association of British Insurers supports moves by the prudential regulator to put cross-border contract issues high up the agenda in Brexit negotiations…

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Mon, 14 Aug 2017 11:59:00 +1000
Zurich hails turnaround progress http://www.insurancenews.com.au/international/zurich-hails-turnaround-progress http://www.insurancenews.com.au/international/zurich-hails-turnaround-progress Zurich has reported net income of $US1.5 billion for the six months to June 30, down 7% on the corresponding period last year…

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Mon, 14 Aug 2017 11:59:00 +1000
Man-made disasters hit Munich Re profit http://www.insurancenews.com.au/international/man-made-disasters-hit-munich-re-profit http://www.insurancenews.com.au/international/man-made-disasters-hit-munich-re-profit Man-made disasters such as the Grenfell Tower fire in London contributed to a 24.8% drop in Munich Re’s second-quarter profit, but it remains confident of meeting the full-year target of €2-€2.4 billion…

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Mon, 14 Aug 2017 11:58:00 +1000
Crawford profit rises as cost drive pays off http://www.insurancenews.com.au/international/crawford-profit-rises-as-cost-drive-pays-off http://www.insurancenews.com.au/international/crawford-profit-rises-as-cost-drive-pays-off Claims management group Crawford & Company has recorded a second-quarter profit of $US10.2 million, up from $US8.6 million in the corresponding period last year, largely due to cost reductions and higher case volumes…

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Mon, 14 Aug 2017 11:58:00 +1000