05 September 2022
Allianz Global Corporate & Specialty is urging that crucial prevention measures be taken to tackle a growing risk of fires caused by lithium-ion batteries in electric vehicles or other cargo not being stored, handled and transported correctly...
05 September 2022
QBE has agreed to underwrite the behaviour-led fleet product of European commercial motor insurer Zego, which makes use of telematics data to gauge risk and suggest actions a fleet can take to improve safety...
29 August 2022
AM Best says traditional reinsurance capital may decline by about 8% this year reflecting depressed investment markets, continued geopolitical turmoil and a potential decline in global gross domestic product...
29 August 2022
Insurance-linked securities investors are proving reluctant to expand into the cyber market given uncertainty over the size of exposures and less financial risk diversification offered compared to natural catastrophes, S&P Global says...
29 August 2022
A Lloyd’s Marine Cargo and War facility launched to provide cover for the shipment of grain and other food supplies from Ukrainian ports has secured its first placement...
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...