09 December 2019
The insurance industry remains resilient, is continuing to generate growth around the world and maintaining overall profitability despite turbulence in the global economy, a new study by Deloitte says...
09 December 2019
California has ruled that insurers cannot cancel or refuse to renew residential property policies due to wildfire risk for a year...
09 December 2019
European flooding and inland storms led to economic losses estimated at €1.7 billion, Aon’s Impact Forecasting says in a November catastrophes recap...
09 December 2019
So-called “bad news” not linked to financial results will trigger more claims in the directors’ and officers’ space, further straining what is already a loss-making line for insurers, according to Allianz Global Corporate & Specialty...
09 December 2019
Lloyd’s has introduced a new multi-million-pound insurance policy called Llift Space for the emerging private spaceflight industry...
09 December 2019
The tussle for global supremacy between the US and China looms as the biggest political risk next year, according to a Willis Towers Watson global survey of 41 major companies...
09 December 2019
The global financial services sector is making progress on gender diversity in the workforce as mindsets evolve, a report from Guy Carpenter affiliate Oliver Wyman says...
02 December 2019
The number of insurers who have made moves to reduce covers for coal businesses has more than doubled to 17 this year, according to the Greenpeace-backed Unfriend Coal campaign...
02 December 2019
The Atlantic hurricane season ended last month with maximum Category 5 storm Dorian ranked as the “most notable” in terms of damage caused, the US Insurance Information Institute says...
02 December 2019
French insurer Axa has banned its insurance team from offering cover to new coal projects as it launches a parametric assistance product called FastCat and urges that more be done to counter the “climate emergency”...
02 December 2019
Hong Kong must continue strengthening its resilience towards extreme weather events, including severe heat, which are increasing in frequency and intensity due to climate change, a new report finds...
02 December 2019
Zurich has invested an undisclosed amount for an 80% stake in PT Asuransi Adira Dinamika, one of Indonesia’s key general insurers with $US170.4 million in gross written premium last year...
02 December 2019
Insured losses from the Yorkshire and Midlands floods are expected to reach £110 million, according to the Association of British Insurers...
25 November 2019
Lloyd’s has initiated a new campaign to counter unacceptable behaviour and accelerate a culture of integrity, respect and inclusion across its market...
25 November 2019
Allianz Global Corporate and Specialty is offering new risk consulting, captive fronting and crisis management services for its property & casualty business clients...
25 November 2019
Aon will acquire US insurtech CoverWallet, giving the broker access to a $US200 billion digital insurance market for small business...
25 November 2019
Chubb will increase its stake in Huatai Insurance Group after receiving the green light from China’s financial regulator...
25 November 2019
Aon has introduced a new private placement catastrophe bond platform via its investment banking arm, Aon Securities...
18 November 2019
The insurance market will be propped up in coming years by very strong demand in China and other parts of emerging Asia, helping the industry buck a trend for weakening global economic growth, Swiss Re says...
18 November 2019
Concerns over the use of potentially dangerous cladding materials have again emerged after a fire broke out at a student housing block in the UK...