13 November 2017
A catastrophic third quarter featuring hurricanes Harvey, Irma and Maria has led to Munich Re reporting a €1.43 billion loss, down from a €685 million profit in the corresponding three months last year…
13 November 2017
Hannover Re remains upbeat despite a sharp earnings hit from recent hurricanes and earthquakes…
13 November 2017
JLT expects to make “sustained year-on-year financial progress” despite the series of natural catastrophes this year…
13 November 2017
Specialty insurer Hiscox grew gross written premium by 12.4% in the first nine months, amid signs of rate tightening driven by the catastrophe-packed third quarter…
13 November 2017
International insurance technology provider Ebix has reported record third-quarter revenue of $US92.8 million ($120.87 million), up 24.4% on the corresponding period last year…
13 November 2017
Global specialty insurer Beazley reported gross written premium of $US1.76 billion for the nine months to September 30, up 6% on the previous corresponding period…
13 November 2017
Disruptive technologies and failure to innovate have debuted in the top 10 risks facing financial institutions worldwide, according to an Aon survey…
13 November 2017
About 61% of companies use enterprise risk management programs to direct their corporate strategies, according to a Risk and Insurance Management Society survey…
06 November 2017
Fierce competition among reinsurers in the Asia-Pacific region continues to stymie attempts to increase rates on catastrophe-exposed business, and is leading some to move capital to other markets such as life insurance, according to S&P Global Ratings…
06 November 2017
Fintech innovations are creating “seemingly contradictory” challenges for insurers, according to a report from the World Economic Forum and Deloitte…
06 November 2017
Big Data and other forms of digital technology will shake up the huge Chinese insurance market, according to S&P Global Ratings…
06 November 2017
More than half of US SMEs have experienced a cyber attack in the past year, but only 14% feel prepared for such events, according to an Insurance Information Institute white paper…
06 November 2017
Legacy-free insurance markets can take up innovative technology more quickly than developed markets, potentially altering the balance of power between the two, according to the latest insurtech briefing from Willis Towers Watson…
06 November 2017
Swiss Re made a $US468 million net loss for the nine months to September 30 as catastrophe losses from Cyclone Debbie and hurricanes in the US and Caribbean hit profitability…
06 November 2017
AIG has reported a third-quarter net loss of $US1.7 billion, mainly dragged down by hurricanes in the US and Caribbean…
06 November 2017
Willis Towers Watson CEO John Haley is “very pleased” with third-quarter results that include rises in revenue and commission and fees, despite a net loss of $US54 million…
06 November 2017
Berkshire Hathaway’s insurance underwriting arm has reported a third-quarter $US1.44 billion net operating loss, after sustaining $US835 million of losses from hurricanes in the US and Caribbean, plus earthquakes in Mexico…
06 November 2017
Hurricanes Harvey, Irma and Maria left Liberty Mutual with a third-quarter loss of $US665 million, compared with a profit of $US445 million in the corresponding period last year…
06 November 2017
Bermuda-based (re)insurer Arch Capital incurred a net loss of $US52.8 million in the third quarter, down from net income of $US247.4 million in the corresponding period last year…
06 November 2017
Aspen Insurance Holdings fell to a $US253.8 million loss in the third quarter, compared with a $US95.6 million profit in the corresponding period last year, after hurricanes and other disasters hit performance…