08 July 2019
Corrupt misuse of “assignment of benefits” practices in Florida is driving up expenses, straining the insurance market and leading to significant rate increases, according to an AM Best report...
08 July 2019
Personal lines in the US have recorded further price rises, with the composite rate up 3.5% in the second quarter, analyst MarketScout says.
08 July 2019
Chubb will no longer underwrite new coal-fired plants or insure new risks for companies that generate more than 30% of revenue or energy production from coal...
08 July 2019
Lloyd’s wants 70% of insurance risks to be placed through its electronic platform by the end of the year...
08 July 2019
Environmental, social and governance risks are becoming more significant in determining insurers’ credit ratings, Moody’s says...
01 July 2019
Swiss Re has appointed Russell Higginbotham as Reinsurance Asia CEO and Regional President, effective from next week. He takes over from Jayne Plunkett...
01 July 2019
Honan Insurance has created a Director of Operations – Asia position to capitalise on growing demand...
01 July 2019
Brexit has cost the British financial services sector £3.9 billion since the 2016 referendum, a new report reveals...
01 July 2019
Zurich says it is the first insurer to sign the UN Global Compact Business Ambition Pledge to reduce the impact of the climate crisis...
01 July 2019
Catastrophe risk modeller AIR Worldwide has expanded its inland flood model for central Europe to include Poland, and has updated storm surge calculations for Britain...
24 June 2019
Total cyber insurance primary premium grew 12.6% last year to $US2.03 billion, AM Best says...
24 June 2019
Terrorism is an evolving and expanding risk and a government reinsurance backstop remains vital, Marsh & McLennan has warned US politicians...
24 June 2019
The surge of data from emerging technologies will create a temporary skills gap in the insurance industry, Lloyd’s warns...
24 June 2019
AIG has established a new arm to consolidate its “assumed reinsurance operations” into one global business...
24 June 2019
Lloyd’s has set up global and London advisory committees to support its new strategy...
17 June 2019
New modelling shows the UK’s inland flood defences save £1.1 billion in damage every year, the Association of British Insurers says...
17 June 2019
About 47% of Americans say flood insurance is important, but only 17% have taken out such cover, a National Association of Insurance Commissioners survey has found...
17 June 2019
Brexit is a “sideshow” and will have minimal impact on the London insurance market, according to the former head of spy agency MI6...
17 June 2019
Chubb is calling for US legal system reform after an explosion in “meritless” class actions instigated by lawyers chasing a fees windfall...
17 June 2019
US cyber premium grew about 10% to $US2.03 billion last year, slowing compared with the previous two years when expansion exceeded 30%...