18 November 2013
Super Typhoon Haiyan caused up to $US14.5 billion ($15.47 billion) total economic damage, of which up to $US700 million ($746.86 million) was insured, according to catastrophe modeller AIR Worldwide…
18 November 2013
Insurance Information Institute President Robert Hartwig has outlined the importance of the Terrorism Risk Insurance Act to the US House of Representatives…
18 November 2013
The number of weather-related catastrophes in east Asia has more than quadrupled since 1980, with floods and typhoons posing the greatest threats, according to Munich Re…
18 November 2013
The European Union has reached agreement on new capital rules for insurers under Solvency II, making the proposed January 2016 start date viable…
11 November 2013
Super Typhoon Haiyan has caused significant damage in the Philippines, killing an estimated 10,000 people…
11 November 2013
Marsh & McLennan says nine-month profit gained 15% to $US1.05 billion ($1.2 billion) after offshore insurance revenues grew in the third quarter…
11 November 2013
The insurance pricing environment is mixed, with continued softening in most international classes but increases in some US lines, JLT Group has told investors…
11 November 2013
Allianz Group increased profit by 6.3% in the third quarter, raising the company’s expectations for the full year…
11 November 2013
Munich Re’s consolidated profit fell to €2.2 billion ($3.11 billion) in the first nine months of this year, down from €2.7 billion ($3.82 billion) on lower premium and reinsurance income…
11 November 2013
Swiss Re says third-quarter earnings fell 51% to $US1.07 billion ($1.13 billion) on catastrophe losses and pressures in the Australian life division…
11 November 2013
German reinsurer Hannover Re has posted a fall in third-quarter profits, but remains “on track” to hit its full-year target…
11 November 2013
US software provider Ebix has reported a 15% drop in earnings for the nine months to September 30 after making provisions for the settlement of a class action and a possible tax bill…
11 November 2013
Loss adjuster Crawford & Co has reported a 16% increase in profit to $US40.15 million ($42.19 million) for the nine months to September 30…
11 November 2013
Insured losses from Windstorm Christian in Europe will be between €1.5 billion and €2.3 billion ($2.12 billion-$3.26 billion), according to catastrophe modeller AIR Worldwide…
11 November 2013
US commercial property and casualty premium rates grew more slowly last month, gaining 4%, down from 5% in September…
04 November 2013
AIG’s third-quarter profit grew 17% to $US2.17 billion ($2.29 billion) as the property and casualty division improved its performance…
04 November 2013
Willis Group has reported an increase in revenue, but says profit fell 17% to $US297 million ($313 million) in the nine months to September 30, driven by costs from extinguishing debt…
04 November 2013
International broker Arthur J Gallagher says profit has risen thanks to acquisitions and higher brokerage and risk management revenues in the third quarter…
04 November 2013
The Association of British Insurers has combined the leadership of its general insurance and life departments and terminated 16 staff, including three high-profile executives…
04 November 2013
Berkshire Hathaway says insurance underwriting earnings fell in the third quarter, driven by increased property and casualty claims from a hailstorm in Europe…