24 September 2018
Marine insurers are operating in precarious conditions despite the sector enjoying a 2% rise in premiums to $US28.5 billion last year, the International Union of Marine Insurance says…
24 September 2018
Marine underwriters have no choice but to accept that abnormally large-loss events will occur with regularity, International Union of Marine Insurance (IUMI) President Dieter Berg says…
24 September 2018
Insurers are increasing their appetite for higher risk investments despite challenging market conditions as they seek to boost earnings, according to an annual global survey for investment giant BlockRock…
24 September 2018
The 22.5% stake that Tokio Marine has acquired in Hollard South Africa and Hollard International has been declared credit positive by ratings agency Moody’s…
17 September 2018
US insurers and the global reinsurance sector are strong enough financially to manage the losses from Hurricane Florence, S&P Global Ratings says…
17 September 2018
Parts of Asia face a massive rebuilding effort after the year’s most powerful tropical storm swept through the region on Saturday, leaving a trail of destruction in its wake…
17 September 2018
Consolidation of the global reinsurance industry will continue as intense competition and high levels of capital drive mergers and acquisitions, says Fitch…
17 September 2018
French insurer Axa has completed its US$15.3 billion acquisition of Bermuda-based XL Group…
17 September 2018
Sedgwick, the US-based company that took over major loss adjuster Cunningham Lindsey in December, will now be controlled by private equity fund Carlyle Group under a $US6.7 billion deal announced last week…
17 September 2018
Addressing the large “protection gap” – more commonly referred to as non-insurance – could net insurers about $US800 billion in potential premium revenue, Swiss Re says…
17 September 2018
Terrorism pools are providing an example for how private-public enterprises could boost cover for emerging risks and intangible assets, Aon says…
17 September 2018
Demand for trade credit and political risk covers are on the rise, fuelled by fears the ongoing US-China trade spat will worsen with repercussions for the global economy, a leading industry researcher says…
17 September 2018
Specialist loss adjuster Charles Taylor’s total revenue increased at a faster rate than its profits in the six months to June as the company expanded to service new customers…
10 September 2018
Former QBE group CEO John Neal’s appointment as CEO of Lloyd’s continues a recurring theme in his insurance career – transforming large but cumbersome organisations…
10 September 2018
Reinsurers will struggle to make headway at the next rate renewal season and beyond, according to reports issued ahead of the annual Reinsurance Rendezvous in Monte Carlo…
10 September 2018
Tokio Marine Group will acquire a 22.5% stake in Hollard South Africa and Hollard International, which covers operations across Africa, Indonesia and China…
10 September 2018
Insurers in major Western economies and Japan face an uphill battle to raise profitability as weak market conditions persist, Swiss Re warns…
10 September 2018
Insurers face up to $US4.5 billion in losses from the strongest typhoon to hit Japan in 25 years, catastrophe modeller AIR Worldwide says…
10 September 2018
India’s worst flooding in decades has left economic losses of at least $US4.25 billion, according to Impact Forecasting’s monthly catastrophe recap…
10 September 2018
The reinsurance industry held a record $US98 billion in alternative capital at June 30, driven by investor appetite for catastrophe bonds, Aon Securities says…