Olympics and World Cup hosts face terror threat
03 February 2014
Brazil’s terrorism risk rating has increased from medium to severe in the lead-up to this year’s soccer World Cup, while Winter Olympics host Russia is also a potential target…
03 February 2014
Brazil’s terrorism risk rating has increased from medium to severe in the lead-up to this year’s soccer World Cup, while Winter Olympics host Russia is also a potential target…
03 February 2014
Natural catastrophe losses fell last year and were skewed towards Europe and Asia rather than the US, with Germany registering the costliest insurance event…
03 February 2014
The British Insurance Brokers’ Association has launched this year’s manifesto focusing on such key issues as access to insurance, a better regulatory system and improving public understanding…
03 February 2014
The launch of a new broker standards group in the UK has drawn a swift response from established organisations such as the British Insurance Brokers’ Association…
03 February 2014
New Risk and Insurance Management Society President Carolyn Snow has predicted a profitable future for her industry…
03 February 2014
Britain’s flood pool may not be ready to begin operations at its proposed start date of June next year, according to UK media reports…
03 February 2014
QBE is to reduce its UK workforce by offering redundancies and sending some jobs to the Philippines…
03 February 2014
UK comprehensive car insurance policy prices fell 12.5% to average £644 ($1216) last year, but the pace of decline slowed in the fourth quarter, according to a pricing index…
03 February 2014
Aon has reported a 12% rise in net income, earning $US1.1 billion ($1.26 billion) last year compared with $US993 million ($1.13 billion) in 2012…
03 February 2014
Arthur J Gallagher’s brokerage arm increased revenue by 22% in the fourth quarter, with Chairman and CEO J Patrick Gallagher citing growing optimism about economic recovery in the US and UK…
03 February 2014
Premium growth and fewer catastrophe losses helped global insurer Ace to a record profit of $US3.76 billion ($4.29 billion) last year, up 39%…
03 February 2014
Chubb’s net profit grew 73% to a record $US2.3 billion ($2.63 billion) last calendar year thanks to higher premium growth in the US and lower claims…
16 December 2013
Federal involvement in US insurance regulation is necessary in some areas, according to a Treasury report…
16 December 2013
Brit Insurance Holdings has appointed outgoing Lloyd’s CEO Richard Ward as Chairman, effective from February 1…
16 December 2013
Moody’s has upgraded Swiss Re’s insurance financial strength rating and senior debt rating…
16 December 2013
UK Chancellor George Osborne has announced a crackdown on whiplash insurance fraud…
16 December 2013
Axis Capital has approved a $US750 million ($823 million) share buyback, as it extends a repurchasing program and returns funds to investors…
16 December 2013
The Netherlands’ largest general and health insurer has announced 4000 job cuts in a bid to adapt to customers’ online demands and maintain its “long-term financial health”…
16 December 2013
This year’s Atlantic hurricane season was “unusually quiet”, with the fewest recorded events since 1982, according to Willis Re…
16 December 2013
Insured losses from Cyclone Xaver in Europe will range from €700 million to €1.4 billion ($1.07 billion to $2.15 billion), according to catastrophe modeller AIR Worldwide…