HDI Global says foundations laid for successful year
03 June 2024
Industrial insurer HDI Global has reported a stronger first-quarter profit as it benefited from price increases, new business and reduced disaster losses...
International
Allianz sounds alarm over ‘unprecedented’ shipping risk
27 May 2024
Allianz Commercial has warned of a changing risk profile for the shipping industry despite the number of vessels lost worldwide hitting a record low...
UK regulator allows four firms to restart add-on sales
27 May 2024
The Financial Conduct Authority has permitted four companies to restart sales of guaranteed asset protection (GAP) insurance after they acted to improve the product’s value to customers...
Forecasters flag above-average Atlantic hurricane season
27 May 2024
The US National Oceanic and Atmospheric Administration says there is a significant chance of a strong Atlantic hurricane season, with as many as seven category 3-plus storms predicted...
Canopius names new chairman
27 May 2024
UK-based Canopius has appointed experienced insurance executive and board member Andy Haste as group chairman, effective from July...
Berkshire Hathaway acquires $10 billion Chubb stake
20 May 2024
Warren Buffett’s Berkshire Hathaway has acquired a stake in Chubb worth $US6.7 billion ($10 billion) at the end of March, a filing to the US Securities and Exchange Commission shows...
Homeowners ‘running out of options’ as planet heats up
20 May 2024
Climate change has rewritten the rules for homeowners, leaving many struggling with increasingly risky properties and limited options, a US webinar exploring insurance failures and the need for improved responses has heard...
Swiss Re’s confidence boosted after first quarter
20 May 2024
Net income of $US1.1 billion ($1.65 billion) in the first quarter has reinforced Swiss Re’s earnings guidance...
Commercial, retail results lift Zurich’s Q1
20 May 2024
Zurich says it performed strongly in the first quarter, fuelled in part by its property and casualty division...
Talanx on course to beat guidance
20 May 2024
A strong start to the year has increased Talanx’s confidence of “clearly exceeding” its annual net income target of more than €1.7 billion ($2.78 billion)...
Lawyer crackdown brings ‘hope’ to Florida property market
13 May 2024
Florida’s property insurance market is showing signs of improvement following legislative reforms to address legal system abuse and claim fraud, the Insurance Information Institute says...
Industry draws up blueprint to boost British resilience
13 May 2024
The Association of British Insurers has published a manifesto detailing ways the government can work with industry to address challenges such as climate change resilience and cybercrime...
Munich Re posts ‘impressive’ Q1 result
13 May 2024
Munich Re says the odds of surpassing its earnings guidance of €5 billion ($8.2 billion) for the year have improved after net profit jumped 68% in the first quarter...
Aon flags shortfall in intangible asset cover
13 May 2024
Aon has warned of a “persistent protection gap” for information assets despite the growing risk of loss compared with tangible items...
IAG on board as UN launches net zero forum
06 May 2024
IAG is one of 19 founding members of the United Nations Environment Program’s new Forum for Insurance Transition to Net Zero...
US storms lead first-quarter cat losses
06 May 2024
Global insured catastrophe losses totalled $US17 billion ($25.69 billion) in the first quarter, slightly above the century average, according to Aon...
Sedgwick spreads wings in aviation market
06 May 2024
Loss adjuster Sedgwick has introduced new solutions for aviation claims management...
Arch appoints claims chief
06 May 2024
Arch Insurance International has named Barbara Rizzi as its new Chief Claims Officer...
Marsh McLennan ‘well placed’ after first-quarter growth
29 April 2024
Marsh McLennan says it is seeing momentum across its business after revenue increased 9% to $US6.5 billion ($9.9 billion) in the first quarter...
WTW confident of hitting $15 billion sales target
29 April 2024
WTW’s first-quarter revenue rose 4% and the global broker says it is on track for sales of $US9.9 billion ($15.18 billion) or more this year...