BHSI names new multinational business chief
15 April 2024
Berkshire Hathaway Specialty Insurance has promoted Boston-based Amy Bowman to Head of Multinational...
International
Experts warn of busy Atlantic hurricane season
08 April 2024
Researchers have made their strongest April forecast ahead of a “very active” Atlantic hurricane season, with more than 11 significant storms expected...
April renewals continue improved trend for reinsurance buyers
08 April 2024
Property catastrophe renewals for April have echoed trends seen in the US at the start of the year, with pricing flat to slightly reducing in Japan, while South Korea, China and India also had increased competition, Aon says...
Aon financial chief to retire, CEO wins contract extension
08 April 2024
Aon CFO and EVP Christa Davies will retire next year after more than 16 years with the global broker and risk management services provider...
Lloyd’s posts strong profit after turnaround
08 April 2024
Lloyd’s has reported a £10.7 billion ($20.7 billion) profit before tax for last year after its underwriting result more than doubled and investment returns rebounded...
Commercial chief takes helm at Swiss Re
08 April 2024
Swiss Re’s Andreas Berger will become Group CEO from July, taking over from Christian Mumenthaler who is stepping down after eight years in the role and 25 years with the company...
Taiwan quake tipped to trigger ‘high claims’
08 April 2024
Insurance impacts from the 7.4-magnitude earthquake that struck Taiwan last Wednesday are still being assessed, with residential losses to be largely borne by a government-backed scheme...
Swiss Re warns of climate impact as cat count reaches new high
08 April 2024
Insurers covered more than $US108 billion ($165.82 billion) of natural catastrophe losses last year, with a record number of events reported, a new Swiss Re report has revealed...
Insurance-linked securities market tops $153 billion
25 March 2024
Supply of insurance-linked securities grew last year, spurred by heightened demand for reinsurance capital, AM Best says...
NRMA Insurance rated as fastest-growing insurance brand
25 March 2024
IAG-owned NRMA Insurance has ranked as the fastest-growing and third-strongest insurance brand in the world according to Brand Finance’s Insurance 100 annual report...
Talanx says ‘industrial lines strategy paying off’
25 March 2024
Talanx says its global industrial lines strategy is paying off and an acquisition by its retail division will make it the second-largest property and casualty insurer in Latin America by revenue...
Aon delivers climate risk assessment tool
25 March 2024
Aon has launched a new Climate Risk Monitor to help clients understand potential exposures facing their businesses...
Lloyd’s to hold UN-backed parametric insurance workshops
25 March 2024
Lloyd’s has partnered with the United Nations Capital Development Fund and the Sustainable Markets Initiative’s Insurance Task Force to deliver two parametric insurance workshops in Papua New Guinea and Fiji...
Lloyd’s paper outlines generative AI threats
18 March 2024
Lloyd’s has released a paper outlining the threats posed by generative artificial intelligence (AI) and implications for the insurance industry...
‘Overzealous’ lawyers driving up US motor rates
18 March 2024
The US Insurance Information Institute has hit out at the impact of “excessive litigation” on rising motor insurance premiums...
Marsh warns of economic, political turmoil in 'biggest election year'
18 March 2024
Business leaders face a “more volatile and riskier” year amid geopolitical and macroeconomic trends that will “reshape structures of international politics, trade and finance”, according to Marsh Specialty’s annual Political Risk Report...
Interim chair to take top seat at Swiss Re
18 March 2024
Swiss Re plans to elect Jacques de Vaucleroy as Chairman for a one-year term at its annual general meeting next month...
Lloyd’s reports ‘best underwriting result in recent history’
11 March 2024
Lloyd’s underwriting profit more than doubled last year in a result it has described as the best in recent history...
US rate rises to ease, AM Best predicts
11 March 2024
AM Best says US personal lines premiums will rise 10% this year after a 12% jump last year, with insurers “willing to withdraw from a given state entirely if necessary increases are not approved”.
Lloyd’s hits target on women in top jobs
11 March 2024
The proportion of women in leadership roles at Lloyd’s has increased to 35%, meeting a target set in 2020 thanks to improvements across boards and executive committees...