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International

Zurich rebrands cross-border business

17 March 2025

Zurich has renamed its international programs business as it marks 50 years of insuring commercial customers operating across borders...

Lloyd’s paper highlights solar storm risk scenarios

10 March 2025

A major solar storm could inflict massive global economic losses by damaging critical infrastructure such as energy grids and satellite networks, and disrupting financial systems, according to Lloyd’s...

Greco sets ‘most ambitious targets yet’

24 February 2025

Zurich is targeting more than 9% annual growth in core earnings per share between this year and 2027, plus cash inflows of more than $US19 billion ($29.9 billion)...

British motor claims reach new heights

24 February 2025

UK insurers paid a record £11.7 billion ($23.27 billion) in car insurance claims last year as increasing thefts and repair costs continued to dent the industry, according to the Association of British Insurers...

California calls for $1.6 billion FAIR Plan support

17 February 2025

Californian insurers have been asked to provide an additional $US1 billion ($1.6 billion) to the state FAIR Plan to ensure it can continue paying claims from the Los Angeles wildfires...

Catastrophes weigh on AIG result

17 February 2025

AIG’s general insurance arm posted a 29% drop in fourth-quarter underwriting income to $US454 million ($722 million), driven by higher catastrophe charges...