‘Cascading risks’: war, climate crisis top global fear charts
03 February 2025
Nearly one-quarter of respondents to a World Economic Forum survey consider state-based armed conflict the biggest immediate risk...
03 February 2025
Nearly one-quarter of respondents to a World Economic Forum survey consider state-based armed conflict the biggest immediate risk...
03 February 2025
Lloyd’s says its London Bridge investment vehicle had deployed $US1.92 billion ($3.07 billion) of capital at the end of last year and secured commitments of $US2.55 billion ($4.08 billion) from institutional investors...
03 February 2025
Aon’s annual climate and natural catastrophe report shows more than 60% of global losses last year were uninsured, with insurers footing a $US145 billion ($237.76 billion) bill...
16 December 2024
Global reinsurers Munich Re and Swiss Re have set stronger profit targets for next year amid an outlook for supportive market conditions...
16 December 2024
Alternative risk transfer solutions such as catastrophe bonds are key to bridging the growing cyber protection gap, the Geneva Association says...
16 December 2024
The impacts of the next pandemic may be made worse by covid trends such as anti-vax sentiment, according to a paper from Lloyd’s and the Cambridge Centre for Risk Studies...
16 December 2024
Aon and the European Bank for Reconstruction and Development have outlined a new €110 million ($180.5 million) facility to provide reinsurance capacity for war-related risks in Ukraine...
09 December 2024
US hurricanes and European floods have driven global insured losses from natural catastrophes above $US100 billion ($156.42 billion) for the fifth year in a row, Swiss Re says...
09 December 2024
Zurich has completed its $US600 million ($932.28 million) acquisition of AIG’s global personal travel business, which will operate under the Cover-More brand...
09 December 2024
US property and casualty insurers made a combined net underwriting profit of $US4.1 billion ($6.4 billion) in the first nine months of this year, AM Best says...
09 December 2024
General insurers’ profitability is expected to remain stable or improve next year supported by investment returns and as businesses pursue growth and leverage technology, according to an International Association of Insurance Supervisors report...
09 December 2024
Executives face exposure from insolvencies, geopolitical upheaval, artificial intelligence and legal changes next year, according to the Allianz Commercial directors’ and officers’ report...
02 December 2024
Artificial intelligence will be a “key focus” for the cyber insurance industry as attackers and defenders aim to deploy it...
02 December 2024
Aerospace insurance rates are expected to remain stable amid ample capacity, according to a WTW sector update...
02 December 2024
The Atlantic hurricane season has been labelled “hyperactive” after a lull in activity in August and September...
02 December 2024
Cyber, climate and business interruption risks are the three main areas of concern for US industry stakeholders, according to a survey by Munich Re and the Insurance Information Institute...
25 November 2024
General insurance profitability is improving as the hard market plateaus, according to Swiss Re...
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...