NRMA Insurance rated as fastest-growing insurance brand
25 March 2024
IAG-owned NRMA Insurance has ranked as the fastest-growing and third-strongest insurance brand in the world according to Brand Finance’s Insurance 100 annual report...
International
Talanx says ‘industrial lines strategy paying off’
25 March 2024
Talanx says its global industrial lines strategy is paying off and an acquisition by its retail division will make it the second-largest property and casualty insurer in Latin America by revenue...
Aon delivers climate risk assessment tool
25 March 2024
Aon has launched a new Climate Risk Monitor to help clients understand potential exposures facing their businesses...
Lloyd’s to hold UN-backed parametric insurance workshops
25 March 2024
Lloyd’s has partnered with the United Nations Capital Development Fund and the Sustainable Markets Initiative’s Insurance Task Force to deliver two parametric insurance workshops in Papua New Guinea and Fiji...
Lloyd’s paper outlines generative AI threats
18 March 2024
Lloyd’s has released a paper outlining the threats posed by generative artificial intelligence (AI) and implications for the insurance industry...
‘Overzealous’ lawyers driving up US motor rates
18 March 2024
The US Insurance Information Institute has hit out at the impact of “excessive litigation” on rising motor insurance premiums...
Marsh warns of economic, political turmoil in 'biggest election year'
18 March 2024
Business leaders face a “more volatile and riskier” year amid geopolitical and macroeconomic trends that will “reshape structures of international politics, trade and finance”, according to Marsh Specialty’s annual Political Risk Report...
Interim chair to take top seat at Swiss Re
18 March 2024
Swiss Re plans to elect Jacques de Vaucleroy as Chairman for a one-year term at its annual general meeting next month...
Lloyd’s reports ‘best underwriting result in recent history’
11 March 2024
Lloyd’s underwriting profit more than doubled last year in a result it has described as the best in recent history...
US rate rises to ease, AM Best predicts
11 March 2024
AM Best says US personal lines premiums will rise 10% this year after a 12% jump last year, with insurers “willing to withdraw from a given state entirely if necessary increases are not approved”.
Lloyd’s hits target on women in top jobs
11 March 2024
The proportion of women in leadership roles at Lloyd’s has increased to 35%, meeting a target set in 2020 thanks to improvements across boards and executive committees...
Axa mental health report spotlights workplace challenges
11 March 2024
The Axa Mind Health Report has found that three in four people are experiencing multiple mental health conditions as a result of their work environment, with many feeling disengaged...
Global insurance M&A slumps to decade low
04 March 2024
The number of insurance mergers and acquisitions fell to a 10-year low of 346 last year, down 23% from a year earlier, Clyde & Co’s Insurance Growth Report says...
Munich Re confident ‘favourable’ conditions will continue
04 March 2024
Munich Re posted a net profit of €4.6 billion last year and is aiming to achieve €5 billion this year...
UK aviation broking leader retires
04 March 2024
Aon’s Mike Smith has announced his retirement, ending a 35-year career in aviation broking...
ABI gets Snippy on insurance tax
04 March 2024
The Association of British Insurers has unveiled a new campaign to push for reductions in insurance premium tax...
Zurich clocks up record $11 billion profit
26 February 2024
Zurich’s operating profit rose 21% to a record $US7.4 billion ($11.3 billion) last year...
Axa earnings top $12 billion, sets three-year growth plan
26 February 2024
Axa has posted stronger full-year earnings, powered by its core property and casualty (P&C) business...
Marine cover aids Ukrainian grain exports
26 February 2024
Insurance has contributed to much of the Ukrainian grain harvest being exported, helping to stabilise commodity prices as global marine insurers say they will continue to support trade in the Ukraine/Black Sea area and the Red Sea...
Lloyd’s confirms General Counsel role
26 February 2024
Lloyd’s has announced interim General Counsel Claire Schrader will continue in the role permanently...