16 May 2016
Global insurers such as AIG and Allianz with strong diversified business lines are better placed than their smaller rivals to respond to economic slumps and other challenges, according to Standard and Poor’s…
16 May 2016
Insurance technology specialist Ebix has posted a 21% rise in first-quarter net profit to $US22.2 million on the back of record revenue…
16 May 2016
Global reinsurers will earn less profit this year as the weak business environment continues to affect results, according to Fitch Ratings…
16 May 2016
Revised rules governing global maritime losses will benefit the shipping community and insurers, according to the International Union of Marine Insurance…
16 May 2016
Hannover Re is on course to hit its full-year profit target of €950 million after posting a first-quarter profit of €271.2 million, up 12.7%…
16 May 2016
Drones could replace $US6.8 billion worth of services for insurers in the near future, according to a PricewaterhouseCoopers report…
16 May 2016
US-based claims management group Crawford & Company has recorded first-quarter net income of $US8.6 million, compared with $US3 million in the corresponding period last year…
16 May 2016
Bermuda-based specialist insurer Hiscox has reported a 10% increase in gross written premium for the first quarter to £640.5 million…
16 May 2016
Willis Towers Watson has promoted Rafal Walkiewicz to CEO of investment banking arm Willis Capital Markets & Advisory…
16 May 2016
XL Catlin has added “active assailant” coverage to its crisis management product suite, responding to the threat of physical attack faced by businesses and public service providers…
16 May 2016
A flood insurance bill that could provide consumers with more coverage choices is closer to becoming law after the US House of Representatives voted unanimously in favour…
09 May 2016
Southeast Asia’s developing economies offer promising prospects for insurers willing to take a long-term investment approach, according to Swiss Re’s latest Sigma study…
09 May 2016
The wildfire that has engulfed the north Canadian city of Fort McMurray has damaged or destroyed more than 1600 homes and structures and is threatening 19,000 more…
09 May 2016
QBE has appointed former AIG Americas Casualty president Russell Johnston as its new North America CEO…
09 May 2016
The financial outlook for the global insurance industry has improved “slightly” over the past year, despite an uncertain economy, according to Munich Re’s market report for this month…
09 May 2016
The Association of British Insurers has cast doubt on the emergence of true autonomous vehicles…
09 May 2016
AIG has reported a first-quarter net loss of $US183 million, slumping from a net income of $US2.47 billion in the corresponding period last year…
09 May 2016
Allianz has posted a first-quarter profit of €2.2 billion, up 20.5% on the corresponding period last year, partly driven by non-operating realised gains…
09 May 2016
Berkshire Hathaway says net underwriting income fell 56% to $US213 million in the quarter to March 31, partly due to losses in its reinsurance group…
09 May 2016
Chubb has reported a 35.6% decline in first-quarter net profit to $US439 million, due to integration costs and unfavourable currency movements…