29 August 2022
S&P Global Ratings says changes that will reshape insurance accounting from January onwards will prove worthwhile after a sometimes arduous journey for the sector in preparing for the new standard...
29 August 2022
Canopius Group has appointed Geoffrey Saville to the role of Head of Catastrophe Research to evaluate climate related risk...
22 August 2022
Mergers and acquisitions in the global insurance industry increased at the fastest pace for a decade in the first half of the year, a Clyde & Co report says...
22 August 2022
Windstorms that hit the UK and continental Europe in February are now estimated to have caused total losses of €3.74 billion, Zurich-based catastrophe data company Perils says...
22 August 2022
AM Best has affirmed the credit ratings of Swiss Reinsurance Company and its rated operating affiliates after the group released its half-year financial results...
22 August 2022
Zurich Insurance Group has appointed Stephen Moss as Group Head of Financial Lines and Cyber and Andreas Schmitt as Group Cyber Underwriting Manager, effective September 1...
22 August 2022
Expansion in Australia, Ireland, Germany and the US contributed to an increase in half-year earnings for UK-based Ardonagh Group...
15 August 2022
Fears of sustained inflation and a potential recession may lead to a decline in overall available reinsurance capital in an environment where various influences on the sector remain in flux, AM Best says...
15 August 2022
Munich Re says it is still aiming for a full-year net profit of €3.3 billion despite suffering a drop in second quarter earnings...
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...