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International

Allianz lists 10 trends in forecast construction boom

06 December 2021

Allianz Global Corporate & Specialty has outlined new trends in construction risks as the global industry poises ready for a boom in growth, driven by an expected surge in government spending on infrastructure and the switch to net zero carbon emissions...

Zurich acts on disability inclusion

06 December 2021

Zurich and nine other large organisations, including PwC, Spotify, PepsiCo and Sky, have signed up to The Valuable 500, a global initiative that encourages disability inclusion...

UK payments made on 70% of BI policyholder claims

29 November 2021

Financial Complaints Authority figures show 70% of business interruption policyholders who have had pandemic-related claims accepted following a UK test case have now received at least an interim payment...

Hull, cargo lines break even after years of loss

29 November 2021

Global hull and cargo insurance lines returned to a technical break-even in 2020 after many years of unprofitability, although the International Union of Marine Insurance (IUMI) says a bounce back underway in shipping activity to pre-COVID levels could boost claims frequency again...

Aon publishes Lloyd's CFO survey findings

29 November 2021

A new report from Aon reveals findings from a survey of Lloyd’s managing agents’ CFOs and provides an overview of how capital and business strategy are connected within the Lloyd’s market...

Talanx places first green bond

29 November 2021

Talanx has issued its first “green” bond in what it says is a further step in implementing its sustainability strategy...

Industry faces $137 billion in natural catastrophe losses

22 November 2021

Insured losses from natural catastrophes are projected to exceed $US100 billion this year, making it the fourth-costliest 12 months on record for the insurance industry after 2005, 2011 and 2017, according to Swiss Re...

Green push raises industry's climate role

22 November 2021

S&P Global Ratings says the recent United Nations climate summit in Glasgow “could prove a turning point” for the insurance industry as global efforts to contain carbon emissions accelerate...

Ardonagh operating earnings rise as group expands

22 November 2021

Ardonagh Group, which added Resilium to its businesses early this year, has reported a rise in revenues and operating earnings following acquisitions, internal growth and cost reductions...

Talanx aims higher after flood impacts recede

22 November 2021

HDI Global parent Talanx says the group is on track to reach the upper end of its earnings forecast range, despite European flooding in the third-quarter, and it expects profit next year to rise to more than €1 billion...

RIMS to hold hybrid conference

22 November 2021

RIMS says some of the events at its next annual Riskworld conference in April are to be made available virtually for the first time...

Natural catastrophes cost Munich Re $2.7 billion in Q3

15 November 2021

Munich Re reported “above-average” major natural catastrophe losses in the third quarter but remains confident the business is still able to achieve its full-year-earnings profit guidance of €2.8 billion...

Australia, Japan lift Zurich P&C premiums

15 November 2021

Zurich Insurance Group has posted a 14% rise in property and casualty gross written premium to $US31.15 billion for the nine months to September from the corresponding period last year...

Pandemic cover bill reintroduced into US Congress

15 November 2021

A bill creating a US Government backstop for pandemic insurance has been reintroduced into Congress, with support from a business coalition that includes risk management society RIMS...

Cambridge report spotlights insurers' climate role

08 November 2021

A University of Cambridge report has set out the role of insurers in the global effort to accelerate climate resilience as the United Nations COP26 summit enters the final stretch this week in Glasgow...