06 February 2017
AIG expects its fourth-quarter financial results to include an “adverse development charge” due to a reinsurance agreement with Berkshire Hathaway-owned National Indemnity Company, announced last month…
06 February 2017
Non-life premium growth around the world was slower last year than in 2015, rising 2.4% in real terms, according to the International Association of Insurance Supervisors…
06 February 2017
Chubb more than doubled its fourth-quarter net income to $US1.61 billion as benefits flowed from the merger with Zurich-based Ace…
06 February 2017
Insurers should consider forging strategic partnerships with insurtechs as they strive to connect with consumers in a digitally driven economy, according to GlobalData…
06 February 2017
Marsh & McLennan says its fourth-quarter net income grew 16% to $US436 million, aided by increased earnings from its core risk and insurance services business…
06 February 2017
Global seafarers have been warned to remain vigilant, with maritime kidnappings at a 10-year high last year…
06 February 2017
Global broker Arthur J Gallagher has posted a net profit of $US445 million for last year, up from $US389.1 million in 2015…
06 February 2017
The International Insurance Society has created a certificate for universities and colleges with outstanding risk management and insurance programs…
06 February 2017
Swiss Re and Munich Re will open branches in Mumbai after securing licences from the Insurance Regulatory and Development Authority of India…
06 February 2017
XL Catlin’s fourth-quarter operating net income tumbled 34% to $US128.44 million as the November earthquake in New Zealand and other catastrophes hit earnings…
06 February 2017
US insurance leaders expect significant commercial lines growth this year, with cyber covers leading the way…
06 February 2017
WR Berkley recorded profit of $US601.92 million last year, up 19.5% on the previous year…
06 February 2017
Allied World has posted a net profit of $US255.2 million for last year, up from $US83.9 million in 2015…
06 February 2017
London-listed Beazley says gross written premium grew 6% last year to $US2.2 billion after a strong performance from its US business…
30 January 2017
The World Meteorological Organisation says last year’s average global temperature was the highest on record…
30 January 2017
Businesses must watch out for sudden changes to regulations amid fears of increasing protectionism and anti-globalisation, according to Allianz…
30 January 2017
Reinsurance pricing declines moderated across most classes and geographies this month compared with the past three renewal seasons, according to Guy Carpenter…
30 January 2017
Underwriting discipline will remain a focus at Lloyd’s after profitability deteriorated last year, according to an annual note from Chairman John Nelson and CEO Inga Beale…
30 January 2017
AIG’s credit ratings are under review with negative implications after announcing its fourth-quarter financial result will include “a material adverse reserve adjustment and capital-supporting reinsurance transaction” for its US commercial business, AM Best says…
30 January 2017
Toronto-based Fairfax Financial Holdings is acquiring Swiss (re)insurer Allied World in a cash and stock deal for $US4.9 billion…