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 Innovation opens new markets http://www.insurancenews.com.au/international/innovation-opens-new-markets http://www.insurancenews.com.au/international/innovation-opens-new-markets Commercial insurers are finding new ways to take on risks once seen as difficult or impossible to cover, according to the latest Swiss Re Sigma report…

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Mon, 16 Oct 2017 14:12:00 +1100
Q3 cat bill may pass $127 billion http://www.insurancenews.com.au/international/q3-cat-bill-may-pass-127-billion http://www.insurancenews.com.au/international/q3-cat-bill-may-pass-127-billion Insured catastrophe losses for the third quarter may exceed $US100 billion, with reinsurers likely to take the biggest hit, according to S&P Global Ratings…

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Mon, 16 Oct 2017 14:11:00 +1100
US hurricanes ‘within modelled expectations’ http://www.insurancenews.com.au/international/us-hurricanes-within-modelled-expectations http://www.insurancenews.com.au/international/us-hurricanes-within-modelled-expectations Hurricanes that made landfall in the US this season were within modelled expectations and reinsurance capital levels are above anticipated losses, JLT Re says…

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Mon, 16 Oct 2017 14:11:00 +1100
Keep pace or die, Lloyd’s Chairman warns industry http://www.insurancenews.com.au/international/keep-pace-or-die-lloyds-chairman-warns-industry http://www.insurancenews.com.au/international/keep-pace-or-die-lloyds-chairman-warns-industry Insurers must embrace new technology more quickly or risk losing control of the industry to their digital rivals, Lloyd’s Chairman Bruce Carnegie-Brown says…

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Mon, 16 Oct 2017 14:10:00 +1100
WEF working group examines emerging tech risk http://www.insurancenews.com.au/international/wef-working-group-examines-emerging-tech-risk http://www.insurancenews.com.au/international/wef-working-group-examines-emerging-tech-risk A disruption of cloud systems could cause losses of $US15.6-$US121.4 billion, with an insurance gap as high as 83%, insurers estimate…

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Mon, 16 Oct 2017 14:10:00 +1100
Marine outlook uncertain as premiums maintain slide http://www.insurancenews.com.au/international/marine-outlook-uncertain-as-premiums-maintain-slide http://www.insurancenews.com.au/international/marine-outlook-uncertain-as-premiums-maintain-slide The global marine market faces a challenging and uncertain outlook after premiums last year fell 9%, continuing a downward trend…

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Mon, 16 Oct 2017 14:09:00 +1100