15 August 2022
Zurich has reported a 25% jump in first-half operating profit to $US3.39 billion – a result only beaten by its $US3.55 billion record first-half in 2008 – while its property & casualty business had its best ever combined ratio, improving 2 percentage points to 91.9%...
15 August 2022
AIG’s combined operating ratio has reached its best quarterly level in more than 15 years, driven by North America and International commercial line results, the company says, while also advising that its life and retirement business spin-off has been delayed due to equity market volatility...
15 August 2022
Talanx, the parent company of HDI Global, has confirmed it expects annual net income in a range of €1.05-1.15 billion and lifted its premium growth guidance...
15 August 2022
Berkshire Hathaway underwriting earnings rose in the second quarter as reinsurance and commercial businesses offset a loss in the Geico direct motor division...
08 August 2022
Swiss Re says the NSW/Queensland flood is the “costliest” insured natural catastrophe globally in the first-half of this year, with losses close to $US3.5 billion...
08 August 2022
Broker Gallagher achieved higher earnings for the second quarter, supported partly by strong organic growth in its Australia business...
08 August 2022
Allianz says its second-quarter operating profit rose 5.3% to €3.5 billion from a year earlier, driven partly by a strong result from its property and casualty business...
08 August 2022
Global broker WTW reported a decline in second-quarter net income but the group says it’s tackling a transformation program with urgency and is well-placed despite a difficult economic backdrop...
08 August 2022
The commercial insurance industry is under rising pressure from five influences including economic uncertainty and increasing environmental, social and governance activism, KPMG says...
01 August 2022
The UK Financial Conduct Authority has set more stringent consumer protection standards in areas such as communication and product suitability under rules released last week that reflect its plans to become a “more assertive” regulator...
01 August 2022
Innovation in insurance via collaboration and investment will be essential to address complex challenges that will emerge from the Ukraine war, Lloyd’s and Aon say...
01 August 2022
Swiss Re’s Property & Casualty Reinsurance arm absorbed $US938 million in large natural catastrophe claims for the January-June period, including from the flood events in Australia, the reinsurance giant says in its first-half results announcement...
01 August 2022
The February/March flood disaster in NSW and Queensland has run up insured losses of about $US3.7 billion, making it the insurance industry’s most costly natural catastrophe in the first six months of the year, according to Munich Re...
01 August 2022
Aon net income rose 32% to $US501 million in the second quarter as revenues and operating margins improved...
01 August 2022
Insurers will find extracting steady profit from cyber policies “remains challenging” and wariness among underwriters is “justified by the systemic risk” from interconnected digital services and infrastructure, S&P Global Ratings says...
01 August 2022
Chubb has posted record second quarter earnings, driven by strong property and casualty results...
25 July 2022
The Lloyd’s Market Association says it stands ready to provide support for the resumption of Black Sea grain exports after Ukraine and Russia last week agreed to a deal to allow shipments...
25 July 2022
Aon’s Global Catastrophe Recap reports that the insurance industry has paid out $US39 billion globally in the first six months of this year, above the 21st century average...
25 July 2022
A new report from The Geneva Association has highlighted cyber insurers’ crucial role in dealing with ransomware attacks...
25 July 2022
Marsh McLennan has reported increased second-quarter revenues and earnings and says the business is well placed amid a more uncertain economic and geopolitical environment...