06 March 2017
Motor and liability premiums will rise in the UK due to a “crazy” government decision to slash an interest rate figure used to calculate compensation awards for serious injuries, the Association of British Insurers says…
06 March 2017
Businesses, insurers and governments must work harder to get on top of cyber threats, Swiss Re warns in its latest Sigma report…
06 March 2017
Liberty Mutual says profit grew by $US492 million to $US1.01 billion ($1.32 billion) last year due to strong premium growth…
06 March 2017
Bermuda-based specialty insurer Hiscox earned record pre-tax profit of £354.5 million ($568.85 million) last year, up 64% on 2015…
06 March 2017
Global claims management group Crawford & Company reported net income of $US36 million last year, recovering from a $US45.5 million net loss in 2015…
27 February 2017
Global insurance rates declined for the 15th consecutive quarter due to abundant capacity and a lack of significant catastrophe losses, according to Marsh…
27 February 2017
Lloyds’s has named Bruce Carnegie-Brown to succeed Chairman John Nelson, who is retiring after almost six years in the role…
27 February 2017
Growth is the main priority for insurers, and CFOs will focus on building insights to drive decision-making, according to a new global survey by EY…
27 February 2017
Swiss Re says net profit fell 22.6% to $US3.56 billion last year as Canadian wildfires, the Kaikoura earthquake and Hurricane Matthew increased catastrophe losses…
27 February 2017
Berkshire Hathaway’s insurance business increased fourth-quarter operating profit to $US548 million, up from $US306 million in the corresponding period of 2015…
27 February 2017
French reinsurer Scor recorded gross written premium of €13.83 billion last year, up 3% on 2015…
27 February 2017
Reforms to stem the flow of claims for whiplash injuries “cannot come soon enough”, the Association of British Insurers says…
27 February 2017
Deloitte forecasts an active year for US insurance mergers and acquisitions, with a pick-up in the second half of last year setting the pace…
27 February 2017
Insurers and reinsurers are particularly vulnerable to carbon-based assets and liabilities being suddenly or unexpectedly written down or devalued due to climate change, according to a report from Lloyd’s…
20 February 2017
Insurance CEOs are embracing disruption but also worry more about the impact compared with business leaders in other sectors, according to a global survey by PricewaterhouseCoopers…
20 February 2017
Bermuda and other offshore insurance centres are wary of President Donald Trump’s “America first” economic agenda, which includes reducing the corporate tax rate…
20 February 2017
AIG insists its rejuvenation plans remain on track despite a massive fourth-quarter loss that dragged the insurance giant into the red last year…
20 February 2017
Allianz says net profit increased 4% to €6.9 billion last year as its life and health and asset management businesses offset weakness in the property and casualty division…
20 February 2017
Fairfax Financial Holdings, which is acquiring New Zealand insurer Tower, says higher catastrophe losses hit its underwriting income last year…
20 February 2017
Bermuda-based (re)insurer Arch Capital has posted a fourth-quarter profit of $US62.4 million, up from $53.1 million for the corresponding period in 2015…