09 December 2013
Economic losses from Super Typhoon Haiyan in the Philippines last month are estimated at $US5.8 billion ($6.41 billion), with insured losses running to hundreds of millions of dollars, Aon Benfield says…
09 December 2013
The Philippines Government is in talks with the World Bank to develop an insurance plan that will respond better in the aftermath of catastrophes…
09 December 2013
Moody’s Japan has questioned Tokio Marine’s overseas expansion, warning the company’s credit standing is exposed to increased risk…
09 December 2013
US commercial rates are trending upwards but the rate of increase is slowing, according to MarketScout…
02 December 2013
Strengthening global economic activity will support growth in non-life insurance premium rates next year, Swiss Re says…
02 December 2013
Britain’s Financial Conduct Authority has begun a review of insurance price comparison websites…
02 December 2013
Bermuda accounted for more than 62% of global issuance of insurance-linked securities in the third quarter, according to its financial services regulator…
02 December 2013
The UK’s proposed flood insurance scheme will exclude SMEs, despite protests from the British Insurance Brokers’ Association…
02 December 2013
Macquarie Capital has bought a stake in UK motor insurer Equity Red Star from private equity group Aquiline Capital Partners…
02 December 2013
The Reinsurance Association of America says members recorded a net profit of $US7.5 billion ($8.26 billion) in the first nine months of the year, up from $US5.88 billion…
02 December 2013
Economic losses from climate change could cost developing Pacific nations 2.9-12.7% of gross domestic product by 2100, according to a study by the Asian Development Bank…
25 November 2013
Global insurance rates fell slightly in the third quarter, led by declines in the Asia-Pacific region, according to Marsh…
25 November 2013
Arthur J Gallagher is raising $US200 million ($212.85 million), with the funds earmarked for further acquisitions and general costs…
25 November 2013
Storms and tornadoes that killed eight people in the US midwest on November 17 could generate insured losses of more than $US1 billion ($1.08 billion), risk modeller RMS says…
25 November 2013
The World Bank says insurance costs are likely to rise as weather-related claims increase, and mitigation is needed to stop insurers abandoning markets as risk grows too difficult to price…
25 November 2013
The “tone from the top” is crucial to a sound risk culture, according to a new guideline from the Financial Stability Board…
25 November 2013
Moody’s-rated US property and casualty insurers increased third-quarter net income by 11% over the corresponding period last year…
25 November 2013
Ace is to buy back up to $US1.5 billion ($1.6 billion) of its shares by the end of next year, as it returns capital to shareholders…
18 November 2013
Swiss insurer Zurich Insurance Group has reported a 64% rise in third-quarter profits…
18 November 2013
Catlin’s gross written premium increased 8% to $US4.41 billion ($4.73 billion) in the nine months to September 30, driven by its property and casualty business…