30 October 2017
Commercial lines insurer WR Berkley has reported a decline in third-quarter net income to $US162 million, down from $US221 million in the corresponding period last year, as hurricane losses took a toll…
30 October 2017
Talanx expects to incur a net loss of €20 million for the third quarter, after taking a hit from hurricanes in the US and Caribbean…
23 October 2017
The third-quarter combined claims burden from hurricanes Harvey, Irma and Maria and other natural catastrophes is about $US3.6 billion, Swiss Re says…
23 October 2017
Zurich’s property and casualty business expects $US620 million in after-tax losses from hurricanes Harvey, Irma and Maria in the third quarter…
23 October 2017
The global insurance-linked securities market held up in the third quarter despite the spate of natural catastrophes, according to Willis Towers Watson…
23 October 2017
Insurer Chubb and broker Lockton are under fire in the US for partnering with the National Rifle Association (NRA) on an insurance policy for gun owners who shoot someone and claim self-defence…
23 October 2017
Only Ukraine and Tonga have seen their ratings adjusted in the latest Aon political risk update…
23 October 2017
Small insurers should take advantage of reinsurers’ vast data and analytics resources to thrive in an increasingly complex digital age, according to Gen Re…
23 October 2017
Companies with European operations are stepping up their cyber defences ahead of new EU data protection laws due in May, according to a Marsh survey of more than 1300 senior executives…
23 October 2017
US homeowners’ premium is expected to hit $US93 billion this year as the line continues to grow amid increasing pressure on insurers’ financial returns, according to an Aon Benfield report…
23 October 2017
Global companies increasingly want cyber coverage to plug gaps in their business interruption and contingent business interruption insurance, according to Munich Re and specialist insurer Beazley…
23 October 2017
Optimism surrounds the US property and casualty market but challenging headwinds remain, according to a Guy Carpenter report…
23 October 2017
Munich Re has set up a project team to consider the risks and challenges of a capsule-based transport system under development by Hyperloop Transportation Technologies…
16 October 2017
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…
16 October 2017
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…
16 October 2017
Hurricanes that made landfall in the US this season were within modelled expectations and reinsurance capital levels are above anticipated losses, JLT Re says…
16 October 2017
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…
16 October 2017
A disruption of cloud systems could cause losses of $US15.6-$US121.4 billion, with an insurance gap as high as 83%, insurers estimate…
16 October 2017
The global marine market faces a challenging and uncertain outlook after premiums last year fell 9%, continuing a downward trend…
16 October 2017
Wider adoption of distributed ledger technologies such as blockchain faces numerous challenges, according to a benchmarking study by EY, the Cambridge Centre for Alternative Finance and Visa…