02 May 2022
Inflationary pressures will be felt through higher claims, particularly for property and casualty insurers this year while slowing economies could lower demand for both life and non-life cover, Swiss Re Institute says...
02 May 2022
AM Best does not expect the commencement of new accounting rule IFRS 17 on January 1 next year to immediately have a direct impact on the ratings of insurers and reinsurers it covers, the rating agency says, as it outlines how it is preparing for the incoming standard...
02 May 2022
Aon has reported a rise in first quarter revenues and earnings and says global volatility has further reinforced the relevance of its business strategy...
02 May 2022
Chubb says it has achieved record first-quarter operating earnings and underwriting results, supported by stronger premiums and growing momentum in its consumer business globally...
02 May 2022
Willis Towers Watson says it is on track to achieve full-year financial targets after a first quarter result in line with its expectations...
02 May 2022
Talanx Group intends to fill half of all vacant management positions with female employees and candidates, and says it has also undertaken to become “an even more attractive employer for persons with different abilities”...
02 May 2022
Axa has appointed Antoine Gosset-Grainville as Chairman, and renewed Thomas Buberl as CEO...
26 April 2022
The Atlantic hurricane season this year may feature above-normal activity, based on sea surface temperatures and conditions, Colorado State University researchers say in an extended range forecast released this month...
26 April 2022
European windstorm represents the largest risk in an Industry Exposure Database compiled by Zurich-based catastrophe data company Perils...
26 April 2022
Marsh McLennan says it’s made a good start to the year, with both its risk and insurance services and consulting divisions delivering stronger revenues and operating earnings in the first quarter...
26 April 2022
Focusing on gender equity will ensure insurers and other organisations make better decisions to navigate the challenges of climate change, enabling more women in capital allocation roles to develop climate risk solutions, Aon says...
26 April 2022
The Risk and Insurance Management Society has named Gary LaBranche as CEO, taking over from Mary Roth, who is retiring after 37 years with the US-based not-for-profit body...
11 April 2022
Swiss Re says attractive margins in the property and casualty (P&C) businesses, along with continued cost discipline, will help the reinsurer achieve a 14% return on equity in 2024...
11 April 2022
AM Best is maintaining its negative outlook on the UK non-life sector due to a number of challenges facing the market, including exposure to weather-related events and the prospect of higher claims cost as inflation pressures mount...
11 April 2022
The US House of Representatives has passed a bill that aims to boost disaster mitigation resourcing and improve resilience, with supporters now looking for Senate support...
11 April 2022
Reinsurers’ profitability improved last year despite the ongoing pandemic and “a heavy load” of natural catastrophe losses, Gallagher Re says in a new report...
11 April 2022
Global specialist insurer Tokio Marine Kiln says Pavlos Spyropoulos has been appointed as Regional MD for Asia, replacing Alex Dugand, who is returning home to London to take up his new role as International Development Officer...
04 April 2022
Reinsurance April renewals showed modest rate increases, with inflation a key topic during every negotiation, while the conflict in Ukraine was also a focus, Gallagher Re says in a report...
04 April 2022
Insured losses from the Russia-Ukraine war are likely to be in the range of $US16-35 billion, S&P says, spurring upward reinsurance pricing momentum at upcoming renewals...
04 April 2022
Lloyd’s says Schroders Solutions, which manages £150 billion in assets globally for insurance companies, has been appointed as investment partner of its new market investment platform...