11 October 2021
Insurers will need to keep pace and evolve to provide new forms of cover that will be required to meet the growing needs of the sharing economy and mobility sector, global broker Marsh says...
11 October 2021
AM Best has affirmed its credit ratings of Allianz SE and subsidiaries, saying the assessments reflect the German insurance giant’s balance sheet strength...
11 October 2021
US mutual insurer FM Global says eligible policyholders will collectively receive about $US600 million in membership credit when they renew their cover next year...
04 October 2021
S&P Global Ratings has warned limited cyber underwriting capacity looms as the biggest hurdle to the growth of the market, which is seeing increased demand in response to worsening digital threats...
04 October 2021
The Association of British Insurers has detailed a five-point plan in a new budget submission setting out how the insurance industry can work constructively with the UK government...
04 October 2021
Climate change has returned to the top ranking in an annual Axa survey of global risks, after it was last year knocked into second place by the pandemic...
04 October 2021
The COVID pandemic has given business leaders insights to better understand and prepare for the dynamics of long-tail risks, Aon says...
04 October 2021
AM Best has lifted Zurich’s long-term Issuer Credit Rating outlook to positive, from stable, and affirmed the insurer’s A+ Financial Strength Rating with a stable outlook...
27 September 2021
S&P Global Ratings says reinsurers globally have probably underestimated their exposure to physical climate risk by 33-50% despite increased efforts to price in the impact of extreme weather events...
27 September 2021
Reinsurers are taking a disciplined approach to the market as they continue to focus on underwriting profitability, Everest Re Group CEO Juan Andrade has told at an AM Best industry briefing...
27 September 2021
Natural catastrophe bond issuance is expected to reach record levels this year as the alternative reinsurance capital sector remains strong and viable, Fitch Ratings says...
27 September 2021
Cargo risk underwriters will need to draw on predictive analysis as supply chains are transformed following impacts from the COVID-19 pandemic, an International Union of Marine Insurance event has heard...
27 September 2021
Zurich has announced a three-year global partnership with United Nations children’s agency UNICEF to promote mental well-being among young people...
20 September 2021
Managing general agencies and cover-holder groups such as delegated underwriting authorities globally earned revenues valued at $US12.5 billion last year, according to consultancy Insuramore...
20 September 2021
Home insurance premiums in the UK have fallen 5.6% in the past 12 months and 6.4% since a June peak last year as a result of the COVID-19 pandemic, Consumer Intelligence says...
20 September 2021
Lloyd’s says its marketplace has made good progress on gender parity, particularly at the Board and Executive level, and it has now committed that one third of all new hires at the Lloyd’s Corporation should come from ethnic minority backgrounds...
20 September 2021
The UK Financial Conduct Authority says business interruption claim final settlement payments have risen to £696.2 million as funds continue to flow following a test case decision early this year on pandemic-related cover...
20 September 2021
Lloyd’s has amended the timeframe for a combined operating ratio included in its half-year results media release.
20 September 2021
The COVID-19 pandemic has not led to a surge in “buyers remorse” claims in the mergers and acquisitions market, but new trends are likely still emerging, Liberty Global Transaction Solutions says in its second annual briefing...
13 September 2021
Swiss Re says non-life insurance premiums will be 10% above pre-COVID-19 levels by the end of this year and will continue to rise due to increased exposures and risk awareness, as well as evolving cover requirements...