05 August 2019
Global broker Willis Towers Watson more than doubled its second-quarter net income to $US138 million from $US58 million a year earlier as each of its four core business segments demonstrated healthy growth in revenue and operating income margin...
05 August 2019
Hiscox’s gross written premium rose by nearly 5% in the first half of the year compared to the same time last year, the insurer says...
29 July 2019
Global insured losses in the first half of this year fell to $US20 billion from $US27 billion a year earlier, according to preliminary estimates from Impact Forecasting...
29 July 2019
London-based insurtech Flock has released a white paper on insuring drones and exploring the reasons why the traditional risk pricing approach of using historical data won’t work in this rapidly growing market...
29 July 2019
Diversified global risk company Aon is celebrating a rise in net income from continuing operations this quarter...
29 July 2019
Investors pumped $US1.41 billion into insurtechs in the June quarter, marking the fourth straight occasion where investments have exceeded $US1.2 billion...
29 July 2019
Property and casualty insurers have been warned they may be on the hook for millions in insurance payouts because they have unwittingly included cyber coverage in many policies...
29 July 2019
The UK’s finance sector regulator has begun the first stage of a consultation on plans to “guide and enforce” fair treatment of vulnerable customers – which could be as much as 50% of the British population...
22 July 2019
UK consumers are more harshly marking down insurers for their treatment of loyal customers, despite the industry tackling concerns about high renewal prices...
22 July 2019
A key interest rate used to calculate personal injury compensation remains at unrealistic negative levels following a reset last week, the Association of British Insurers says...
22 July 2019
The UK’s Financial Conduct Authority has proposed new rules to help consumers with pre-existing medical conditions access travel insurance...
22 July 2019
Financial services companies worldwide expect to increase cyber-security investment by as much as 40% next year, Willis Towers Watson says...
22 July 2019
Munich Re expects its second-quarter net profit to rise to €1 billion from €728 million a year earlier, boosted by low major-loss expenditure and high reserve releases for basic losses in reinsurance from prior years...
15 July 2019
Lloyd’s is working “in earnest” on building and delivering prototypes as it revamps how it does business after six radical initiatives met enthusiastic global feedback...
15 July 2019
Severe weather in Europe is expected to have caused up to $US2 billion in economic damage, with insurers expecting $US830 million in claims from central Europe, Impact Forecasting’s June catastrophe recap says...
15 July 2019
Lloyd’s is keen to explore the potential for smart contracts after a study it undertook suggested the technology could increase efficiency and add value for customers...
15 July 2019
Nearly one-third of the 232 large-risk property-related claims FM Global handled last year arose from equipment breakdowns...
15 July 2019
The UK’s Financial Conduct Authority will release interim findings from its investigation of pricing practices in home and motor cover before September, followed by a market study by the end of the year...
15 July 2019
AM Best has affirmed Lloyd’s credit ratings, reflecting a strong balance sheet and operating performance...
15 July 2019
Specialist commercial insurer Markel International has appointed an MD and director for its Asian business, to develop its regional growth strategy...