27 March 2017
Internet of Things data and machine learning may overcome the failings of traditional supply chain risk management systems, which are falling short in a changing world, according to US analytics company Transvoyant…
27 March 2017
HDI Global’s parent Talanx earned net profit of €907 million last year, up 23.6% on 2015 as all divisions performed better than expected and major loss claims came in below company estimates…
27 March 2017
A significant proportion of the 1 billion people who live near active volcanoes are uninsured for eruptions, according to Swiss Re…
27 March 2017
British SMEs’ uptake of cyber insurance is not keeping pace with the ever-increasing risk, according to a report by research and consulting group GlobalData…
27 March 2017
Shareholders of Swiss (re)insurer Allied World last week approved a $US4.9 billion takeover offer from Canada-based Fairfax Financial Holdings…
20 March 2017
Innovators and investors are shifting focus from banking to insurance, according to the International Association of Insurance Supervisors…
20 March 2017
A quartet of disruptive forces upending the global economy have created growth opportunities for insurers, according to reinsurance broker Guy Carpenter…
20 March 2017
The global non-life insurance market will exceed $US2.7 trillion ($3.79 trillion) by 2020, buoyed by strong growth in the US and China, according to research group MarketLine…
20 March 2017
Lloyd’s and modelling company Arium have developed a data-driven methodology that improves insurers and reinsurers’ ability to assess risk exposures…
20 March 2017
Munich Re’s profit dipped 17% to €2.58 billion last year due to natural disaster costs incurred in the fourth quarter…
20 March 2017
Tokio Marine HCC and WR Berkley have invested $US17 million in Weather Analytics, a provider of weather and risk-predictive software for the insurance industry…
20 March 2017
Fairfax Financial Holdings has raised the cash portion of its $US4.9 billion cash-and-stock offer to acquire Swiss (re)insurer Allied World…
13 March 2017
Loss-making AIG is searching for a new CEO to replace Peter Hancock, who announced his resignation last week. It has also announced its Brexit strategy, which will see the formation of a subsidiary in Luxembourg…
13 March 2017
Strong underwriting results in property and casualty and solid investment income have resulted in Hannover Re posting a full-year profit of €1.17 billion, marking a 1.8% increase on 2015 and its fifth consecutive record result…
13 March 2017
Charity, business and finance groups have joined the Association of British Insurers in calling for the UK Government to scrap its planned increase to the insurance premium tax in June…
13 March 2017
Severe weather outbreaks in the US led to a $US1 billion claims bill for the insurance industry last month, according to Impact Forecasting’s latest report…
13 March 2017
The transition to semi and fully automated cars will completely transform the motor insurance industry, with liability shifting from the driver to the manufacturer and the traditional risk pool dwindling according to ratings agency Fitch…
13 March 2017
Wildfires in Texas and surrounding states have destroyed more than 400,000 hectares and claimed at least seven lives…
13 March 2017
European trade credit insurer Atradius remains cautious about business prospects for this year after turning in a strong set of financial results…
06 March 2017
Insurers must shake off their inertia and make plans to remain relevant in a landscape that is already being reshaped by new technologies, Lloyd’s CEO Inga Beale says…