03 April 2023
Munich Re has pulled out of Net-Zero Insurance Alliance, citing concern over “material antitrust risks” as the reason behind its decision to leave the United Nations-convened emissions reduction bloc...
03 April 2023
A Florida reform package to reduce legal system abuses has been signed into law and could be a “huge step forward” for consumers and businesses, the Insurance Information Institute says...
03 April 2023
Water-related risks are underestimated despite being a fundamental component of adapting to climate change, Axa XL says in a report providing insights into challenges that could pose a risk to business continuity...
03 April 2023
Specialty insurer and reinsurer Canpoius says it has introduced business improvements and is well positioned to take advantage of a continued positive rate environment after reporting an after-tax loss last year due to unrealised investment losses....
03 April 2023
Swiss Re has announced Sergio P. Ermotti will step down as Chairman after its upcoming annual general meeting on April 12...
03 April 2023
Mutual insurer FM Global has announced several executive leadership appointments across its firm in moves that it says will “ensure a continued growth journey whilst maintaining competitive advantage”...
27 March 2023
Natural catastrophes, including last year’s historic Australia floods and Hurricane Ian in the US, caused insured losses of $US125 billion globally, Swiss Re says in its latest Sigma report...
27 March 2023
Global failures to mitigate and adapt to the climate crisis are causing massive losses and costs to vulnerable communities around the world, a report from the Zurich Flood Resilience Alliance says...
27 March 2023
Lloyd’s is expecting gross written premium of about £56 billion this year after booking a 19.1% rise to £46.7 billion last year...
27 March 2023
Chinese insurers accounted for half of the 10 most valuable insurance brands in an annual list, despite being affected by the country’s harsh zero-covid policy...
27 March 2023
Swiss-based catastrophe data company Perils has released its initial estimate for insured losses from last month’s devastating earthquakes in Turkey and Syria...
27 March 2023
Flooding in California this month has affected thousands of properties as heavy snow followed by “atmospheric river” storm systems increased risks in many locations, Finnish-based natural catastrophe data company Iceye says...
27 March 2023
Aon has teamed with science crowdsourcing platform Lifeguard to drive peer-reviewed research on emerging risks in the property and casualty insurance sectors...
20 March 2023
A new report from Moody’s Investors Service has changed its outlook on the global broking sector from positive to stable, with a mid-single-digit growth rate expected...
20 March 2023
Reinsurer Munich Re has flagged claims impacts from the New Zealand weather disasters and the February earthquakes that hit Turkey and Syria...
20 March 2023
Swiss Re says it is satisfied with the outcome of January property & casualty reinsurance renewals, which were dominated by a “need to review pricing, wordings and structures” following a spate of natural catastrophes...
20 March 2023
Gallagher Re CEO James Kent will take up a new role with parent company Gallagher as CEO Global Insurance Strategic Relationships...
20 March 2023
Talanx Group, which includes reinsurer Hannover Re and insurer HDI Global, says it’s optimistic about its prospects despite a challenging market environment and is pursuing “demanding goals for the period to 2025 with great confidence”...
20 March 2023
A joint report from Lloyd’s and WTW has identified worsening supply chains and a lack of insurance options for semiconductors as worsening risks that could significantly impact the global electronics industry...
13 March 2023
Allianz says it will operate its mid and large corporate insurance businesses under one strategy and market approach in a move to deliver more clarity and consistency for customers around the world...