17 June 2024
A $US350 million ($527 million) insurance program involving the US International Development Finance Corporation and Aon has been established to support investment directed at Ukraine’s urgent economic needs and long-term recovery...
17 June 2024
AM Best has raised its global reinsurance sector outlook to positive from stable as robust profit margins follow a period of drastic repricing and changed terms and conditions...
03 June 2024
Howden Re says June property catastrophe reinsurance renewals have moderated following rate increases in the past two years, but market participants remain cautious...
03 June 2024
About half of adults in Britain struggle to tell the difference between a real and fake insurance advert, a survey commissioned by the Association of British Insurers has found...
03 June 2024
Lloyd’s and the Bermuda Monetary Authority have signed a memorandum of understanding to foster innovation and education after earlier this year outlining plans for closer collaboration...
03 June 2024
Industrial insurer HDI Global has reported a stronger first-quarter profit as it benefited from price increases, new business and reduced disaster losses...
27 May 2024
Allianz Commercial has warned of a changing risk profile for the shipping industry despite the number of vessels lost worldwide hitting a record low...
27 May 2024
The Financial Conduct Authority has permitted four companies to restart sales of guaranteed asset protection (GAP) insurance after they acted to improve the product’s value to customers...
27 May 2024
The US National Oceanic and Atmospheric Administration says there is a significant chance of a strong Atlantic hurricane season, with as many as seven category 3-plus storms predicted...
27 May 2024
UK-based Canopius has appointed experienced insurance executive and board member Andy Haste as group chairman, effective from July...
20 May 2024
Warren Buffett’s Berkshire Hathaway has acquired a stake in Chubb worth $US6.7 billion ($10 billion) at the end of March, a filing to the US Securities and Exchange Commission shows...
20 May 2024
Climate change has rewritten the rules for homeowners, leaving many struggling with increasingly risky properties and limited options, a US webinar exploring insurance failures and the need for improved responses has heard...
20 May 2024
Net income of $US1.1 billion ($1.65 billion) in the first quarter has reinforced Swiss Re’s earnings guidance...
20 May 2024
Zurich says it performed strongly in the first quarter, fuelled in part by its property and casualty division...
20 May 2024
A strong start to the year has increased Talanx’s confidence of “clearly exceeding” its annual net income target of more than €1.7 billion ($2.78 billion)...
13 May 2024
Florida’s property insurance market is showing signs of improvement following legislative reforms to address legal system abuse and claim fraud, the Insurance Information Institute says...
13 May 2024
The Association of British Insurers has published a manifesto detailing ways the government can work with industry to address challenges such as climate change resilience and cybercrime...
13 May 2024
Munich Re says the odds of surpassing its earnings guidance of €5 billion ($8.2 billion) for the year have improved after net profit jumped 68% in the first quarter...
13 May 2024
Aon has warned of a “persistent protection gap” for information assets despite the growing risk of loss compared with tangible items...
06 May 2024
IAG is one of 19 founding members of the United Nations Environment Program’s new Forum for Insurance Transition to Net Zero...