25 November 2024
British insurers paid more than £1.3 billion ($2.5 billion) in property claims over the third quarter, up about £200 million ($384.71 million) on a year earlier, industry figures show...
25 November 2024
A billionaire businessman has admitted conspiracies involving misuse of $US2 billion ($3.1 billion) of company funds to defraud US insurance regulators and thousands of policyholders...
25 November 2024
HDI Global’s combined operating ratio hit 90.5% in the first nine months of the year, improving from 92.7% a year earlier...
18 November 2024
California has acted to ensure continuing insurance protections for more than 200,000 policyholders in the Mountain Fire area in the state’s south...
18 November 2024
Investing in flood defences such as dams and dykes pays off in the long term, Swiss Re says in a new report...
18 November 2024
Swiss Re has reported net income of $US2.2 billion ($3.52 billion) for the first nine months of the year...
18 November 2024
Talanx Group, which includes Hannover Re and HDI Global, has raised its earnings forecast for this year to more than €1.9 billion ($3.1 billion) following a strong nine-month result...
11 November 2024
Zurich has estimated pre-tax losses from US hurricanes Helene and Milton will be less than $US360 million ($546 million)...
11 November 2024
Lloyd’s has appointed Nathan Adams as chief people officer, effective from early next year...
11 November 2024
AIG’s third-quarter net income fell 77% to $US459 million ($711.45 million), partly due to the sale of Corebridge to Nippon Life...
11 November 2024
Swiss Re says it acted to strengthen its US property and casualty liability reserves in the third quarter after a “comprehensive” review...
11 November 2024
WTW and the Pacific Catastrophe Risk Insurance Company have renewed a portfolio of policies and associated reinsurance designed for Pacific nations...
04 November 2024
Major floods across eastern and southern Spain are expected to be among the country’s costliest insurance events, with initial estimates well above €1 billion ($1.65 billion)...
04 November 2024
Global natural catastrophe insured losses passed $102 billion ($153 billion) in the first nine months of the year as the US clocked up 26 billion-dollar events, according to Aon...
04 November 2024
Chubb’s property and casualty business posted stronger third-quarter earnings as increased premiums cushioned the impact of higher catastrophe losses...
04 November 2024
Marsh McLennan says third-quarter consolidated revenue rose 6% to $US5.7 billion ($8.64 billion) and operating income grew 11% to $US1.1 billion ($1.67 billion)...
28 October 2024
The UK's Joint Fraud Taskforce has collaborated with the insurance industry to crack down on fake claims and scammers...
28 October 2024
The UK’s Financial Conduct Authority says allegations of workplace bullying, sexual harassment and discrimination are on the rise...
28 October 2024
Munich Re has reported a third-quarter result well below financial analyst expectations following losses from natural catastrophes including Hurricane Helene...
28 October 2024
Broker Aon’s key commercial risk and reinsurance businesses recorded stronger results in the third quarter...