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International

Chubb turns in record earnings

07 February 2022

Chubb achieved record earnings in the fourth quarter, underpinned by strong commercial premium growth...

DXC tapped for Lloyd's technology overhaul

31 January 2022

Lloyd’s, DXC Technology and the International Underwriting Association have announced the signing of a multi-year agreement to transform the Lloyd’s and London market digital capabilities...

'Green Cold War' scenario presents role for insurers

31 January 2022

Insurers can play an important role in easing geopolitical climate tensions that could lead to a “Green Cold War” as climate change responses are pursued, a report released by Lloyd’s says...

Deadly US tornadoes hit as intense storm risks increase

13 December 2021

Deadly US tornadoes that left a path of destruction across states including Kentucky have highlighted the need to prepare for rising risks from intense storm events, Federal Emergency Management Agency Administrator Deanne Criswell says...

Challenging climate outlook spurs insurer ESG uptake

13 December 2021

Mitigating the long-term risks caused by climate change is the main factor driving insurance industry adoption of environmental, social and governance practices, a survey by GlobalData has found...

Reinsurance pricing momentum set to continue: AM Best

13 December 2021

Reinsurance pricing momentum is set to continue into next year as a high level of catastrophe activity and cost trends keeps the industry focussed on the need to push for more rate increases, AM Best says...

Real-time data set to become reinsurance 'game changer'

13 December 2021

The ability to use real-time data to analyse risk could become a game-changer for the reinsurance industry, SiriusPoint President International Reinsurance Monica Cramer Manhem has told an Aon Fireside Chat...

ACORD names annual award winners

13 December 2021

Industry standards-setting body the Association for Cooperative Operations Research and Development has announced the recipients of its annual awards...

Gallagher completes $4.5 billion WTW treaty buy

06 December 2021

Arthur J. Gallagher has completed its $US3.25 billion acquisition of Willis Towers Watson treaty reinsurance brokerage operations after reviving a deal flagged before the collapse of Aon’s proposed takeover of WTW...

2021 marks third most active Atlantic hurricane season

06 December 2021

This year’s Atlantic hurricane season was the third most active on record for named storms, with Hurricane Ida the most damaging as it knocked out power to more than a million Louisiana residents and caused extensive water outages...