22 May 2023
HDI Global parent Talanx Group says it is on track to achieve €1.4 billion ($2.2 billion) in full-year net income as previously projected after first quarter earnings rose from a year earlier...
15 May 2023
The UK Financial Conduct Authority (FCA) has warned financial firms to ensure they are ready for the start of a new Consumer Duty, which introduces more stringent protections around products and services...
15 May 2023
Chubb has appointed Mark Homan as Division President for its international property and casualty operations, effective from next month, and named Adam Mason as Executive Vice President, Casualty for Overseas General Insurance...
15 May 2023
The Insurance Information Institute (Triple-I) has warned Florida insurance problems could worsen with hurricane impacts and frivolous legal actions continuing ahead of laws taking effect to improve the market...
15 May 2023
Revenue at claims management firm Crawford & Company rose 12% to $US313 million ($470.95 million) in the first quarter, its 10th consecutive quarter of revenue growth...
08 May 2023
Swiss Re says its property and casualty (P&C) reinsurance arm secured rate increases of 19% at the April renewals as the business continues to start the year strongly with a return to profitability in the first quarter.
08 May 2023
Perils has released its second loss estimate for the Turkey and Syria earthquakes, which the region in February, at TRY 86.4 billion ($6.55 billion).
08 May 2023
Gallagher’s first-quarter revenue hit $US2.8 billion ($4.12 billion) as the broker says its Property & Casualty operations in Australia and New Zealand posted organic revenue growth of 10%.
08 May 2023
Aon has named Andy Marcell CEO of Risk Capital (Commercial Risk and Reinsurance) and Lambros Lambrou CEO of Human Capital in organisational changes aimed at better assisting clients.
08 May 2023
Aon has announced the launch of a new climate risk advisory team to help inform clients’ decision-making on climate-related financial risks.
08 May 2023
AIG’s general insurance first-quarter combined operating ratio improved a point to 91.9% as underwriting income hit $US502 million.
08 May 2023
WTW says the company is proving resilient in a complex risk and economic environment, reporting a 4% first-quarter revenue increase and a stronger operating margin.
08 May 2023
Commercial property mutual insurer FM Global has launched a new tool to help clients identify and understand future climate risks.
01 May 2023
S&P Global Ratings says most property and casualty insurers globally, including in Australia, have enough “pricing power” to achieve underwriting profitability this year...
01 May 2023
Chubb’s first quarter core operating income rose 12% to $US1.84 billion while the property & casualty combined ratio worsened to 86.3% as Chubb clocked up catastrophe losses of $US458 million...
01 May 2023
Broker Aon has posted higher earnings for the first quarter, supported by its key Commercial Risk Solutions and Reinsurance Solutions businesses....
01 May 2023
Munich Re says its net profit came to about €1.3 billion in the first quarter, a better-than-expected result that may see it exceed full-year targets...
01 May 2023
Swiss Re chairman Sergio P. Ermotti has stepped down from his post after completing his agreed handover period...
24 April 2023
Specialist insurance and reinsurance broker BMS expects the global mergers and acquisitions insurance market to pick up after a relatively slow start to the year...
24 April 2023
The UK Financial Conduct Authority is taking a tougher approach on commissions paid in the multi-occupancy building insurance market and proposes improved rights and protections for leaseholders hit by surging premiums following a review...