24 August 2015
The catastrophe bond market will continue to grow by 10-20% a year, driven by an increase in covered perils, broadening of event definitions and demand from governments, according to Standard & Poor’s…
24 August 2015
New Orleans, the US city devastated by Hurricane Katrina 10 years ago this week, is now much more capable of withstanding future windstorms, according to reports from Allianz and Munich Re…
24 August 2015
Ebix’s board has approved another share buyback program worth $US100 million, following one for the same amount announced last year…
24 August 2015
The drone aircraft sector is expanding rapidly within global aviation, with spending expected to double to $US91 billion by 2024, according to a report from Lloyd’s…
24 August 2015
Dutch insurance group Achmea has reported a net profit of €272 million for the first half, reversing a €58 million loss in the corresponding period last year…
17 August 2015
The Asia-Pacific region is leading the global market in decreasing premium rates, according to Marsh…
17 August 2015
Global insured losses from natural and man-made disasters totalled $US16.5 billion in the first half, according to Swiss Re’s Sigma study, released last week…
17 August 2015
QBE will book a loss of $US73 million from the sale of its Argentinian workers’ compensation business to the Werthein Group…
17 August 2015
Tokio Marine has posted a net profit of ¥125.99 billion for the quarter to June 30, up 8.4% on the corresponding period last year…
17 August 2015
US-based Liberty Mutual Holding Company has reported net profit of $US530 million for the six months to June 30, down 19.2% on the corresponding period last year…
17 August 2015
HDI-Gerling Industrial Insurance’s parent Talanx has reported net profit of €311 million for the first half, down from €381 million in the corresponding period last year…
17 August 2015
The UK should set up a public-private cyber-catastrophe reinsurance scheme, a new industry report says…
10 August 2015
Italian investment company Exor has triumphed in the battle for Partner Re, announcing it will acquire the Bermuda-based reinsurer for $US6.9 billion in cash…
10 August 2015
Zurich Insurance Group has reported operating profit of $US2.24 billion and net income of $US2.06 billion for the six months to June 30 – decreases of 15% and 3% respectively…
10 August 2015
Berkshire Hathaway’s insurance underwriting business has reported a loss of $US38 million for the second quarter, compared with an operating profit of $US411 million in the corresponding period last year…
10 August 2015
Munich Re has raised its full-year profit outlook thanks to below-average losses…
10 August 2015
AIG’s second-quarter net profit took a pounding, but an after-tax operating profit that exceeded market expectations appears to have held the global insurer in good stead…
10 August 2015
Allianz says second-quarter net profit grew 15% to €2.02 billion due to lower claims from natural catastrophes and the sale of an insurance subsidiary…
10 August 2015
The newly merged XL Catlin group has reported a $US915.04 million profit for the three months to June 30, the first quarter since Catlin was taken over…
10 August 2015
Hannover Re’s net profit grew 19.7% to €531.9 million in the first half, driven by better reinsurance and investment results across the group…