12 September 2022
Munich Re says it’s cultivating new high-resolution risk models for regional events such as flash flooding, as the insurance sector faces the task of gearing risk management to the reality of climate change impacts...
12 September 2022
Insurance linked securities issuance could rival the record set last calendar year given the level of first-half activity and a robust pipeline, Aon says...
12 September 2022
Global risk assessor Moody’s Analytics has announced its new environmental, social and governance Insurance Underwriting Solution for property and casualty insurers...
05 September 2022
Swiss Re says insured losses from floods doubled to $US80 billion in the 2011-2020 period from the previous decade, highlighting the need to do more to address the risk...
05 September 2022
Europe’s Big Four reinsurers, Munich Re, Swiss Re, Hannover Re and SCOR, are seeking growth in specialty segments as they pursue diversification, an AM Best report says...
05 September 2022
The Association of British Insurers says fraudulent claims remain a challenge despite a drop last year, warning the ongoing difficult economic times will likely give rise to more scams...
05 September 2022
Allianz Global Corporate & Specialty is urging that crucial prevention measures be taken to tackle a growing risk of fires caused by lithium-ion batteries in electric vehicles or other cargo not being stored, handled and transported correctly...
05 September 2022
QBE has agreed to underwrite the behaviour-led fleet product of European commercial motor insurer Zego, which makes use of telematics data to gauge risk and suggest actions a fleet can take to improve safety...
29 August 2022
AM Best says traditional reinsurance capital may decline by about 8% this year reflecting depressed investment markets, continued geopolitical turmoil and a potential decline in global gross domestic product...
29 August 2022
Insurance-linked securities investors are proving reluctant to expand into the cyber market given uncertainty over the size of exposures and less financial risk diversification offered compared to natural catastrophes, S&P Global says...
29 August 2022
A Lloyd’s Marine Cargo and War facility launched to provide cover for the shipment of grain and other food supplies from Ukrainian ports has secured its first placement...
29 August 2022
S&P Global Ratings says changes that will reshape insurance accounting from January onwards will prove worthwhile after a sometimes arduous journey for the sector in preparing for the new standard...
29 August 2022
Canopius Group has appointed Geoffrey Saville to the role of Head of Catastrophe Research to evaluate climate related risk...
22 August 2022
Mergers and acquisitions in the global insurance industry increased at the fastest pace for a decade in the first half of the year, a Clyde & Co report says...
22 August 2022
Windstorms that hit the UK and continental Europe in February are now estimated to have caused total losses of €3.74 billion, Zurich-based catastrophe data company Perils says...
22 August 2022
AM Best has affirmed the credit ratings of Swiss Reinsurance Company and its rated operating affiliates after the group released its half-year financial results...
22 August 2022
Zurich Insurance Group has appointed Stephen Moss as Group Head of Financial Lines and Cyber and Andreas Schmitt as Group Cyber Underwriting Manager, effective September 1...
22 August 2022
Expansion in Australia, Ireland, Germany and the US contributed to an increase in half-year earnings for UK-based Ardonagh Group...
15 August 2022
Fears of sustained inflation and a potential recession may lead to a decline in overall available reinsurance capital in an environment where various influences on the sector remain in flux, AM Best says...
15 August 2022
Munich Re says it is still aiming for a full-year net profit of €3.3 billion despite suffering a drop in second quarter earnings...