International
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...
06 May 2024
Global insured catastrophe losses totalled $US17 billion ($25.69 billion) in the first quarter, slightly above the century average, according to Aon...
06 May 2024
Loss adjuster Sedgwick has introduced new solutions for aviation claims management...
06 May 2024
Arch Insurance International has named Barbara Rizzi as its new Chief Claims Officer...
29 April 2024
Marsh McLennan says it is seeing momentum across its business after revenue increased 9% to $US6.5 billion ($9.9 billion) in the first quarter...
29 April 2024
WTW’s first-quarter revenue rose 4% and the global broker says it is on track for sales of $US9.9 billion ($15.18 billion) or more this year...
29 April 2024
Chubb has recorded net income of $US2.14 billion ($3.27 billion) for the first quarter, up 13.3% from a year earlier...
29 April 2024
Marsh has launched a practice called Global Alternative Risk Solutions, offering expertise in parametric cover, alternative risk transfer, captives and complex risk...
29 April 2024
Cyber specialist CFC has created a team focused on underwriting representations and warranties insurance in the renewable energy market...
22 April 2024
More than 80% of industry executives believe predictive models are critical to underwriting’s future but less than a third say their business has advanced capabilities in this area, according to a Capgemini report...
22 April 2024
Severe flash flooding in the United Arab Emirates is likely to prompt a surge of claims, though low penetration and extensive reinsurance cover should mean insurers’ costs are “manageable”, AM Best says...
22 April 2024
Strong underwriting discipline and rate adequacy will drive the London market’s performance, with added support expected from better investment yields, AM Best says...
22 April 2024
The covid pandemic has distorted historical patterns used by actuaries as a heightened risk landscape increases challenges for reserve management, AM Best says...
15 April 2024
Losses from the Taiwan earthquake earlier this month are not expected to exceed those from the 2016 Meinong quake, which was centred closer to a key location for technology companies, AM Best says...
15 April 2024
Lloyd’s has appointed Dawn Miller as Chief Commercial Officer and CEO of Lloyd’s Americas, based in New York...
15 April 2024
About $US111 trillion ($171 trillion) of property assets are insured for natural perils exposure worldwide, according to an industry database...
15 April 2024
A survey of insurance chief risk officers has revealed conduct risks are the top challenge for the Asia-Pacific region, with cybersecurity and adaptations to changing business models also raised as key threats...