Aon suggests three-point plan for AI
27 August 2018
Understanding artificial intelligence, separating the technology from the hype and developing practical applications are keys to successful implementation, Aon says…
International
Insurers face $5 billion Japan flood bill
27 August 2018
Insured losses from floods in Japan last month could reach $US4 billion, AIR Worldwide says…
Lane brings flood threat to Hawaii
27 August 2018
Hurricane Lane, the third-wettest tropical cyclone in US history, dumped at least 100cm of rain on Hawaii, triggering fears of severe flooding…
First-half cat bill shows sharp drop
20 August 2018
Global economic losses from disasters fell 44% to $US36 billion in the first half of the year, Swiss Re’s preliminary estimates show…
Lloyd’s agencies back ILS growth
20 August 2018
Insurance-linked securities will be here to stay if Lloyd’s managing agents get their way…
Amazon linked with UK comparator plan
20 August 2018
Amazon is said to be preparing to establish a UK insurance comparison website – a move tipped to spur creativity in the industry…
Social media amplifies reputation damage: Aon
20 August 2018
Cyber attacks have a direct impact on share prices, a new report by Aon and Pentland Analytics says…
Brits abroad face soaring medical bills
20 August 2018
The UK’s peak insurance body has warned travellers that the costs of medical emergencies while abroad has hit a six-year high…
Financial ratings confirmed for Lloyd’s Brussels
20 August 2018
Lloyd’s Brussels subsidiary, set up following the UK’s Brexit decision, has received financial ratings equal to those of the London-based parent…
RIMS releases cyber risk guide
20 August 2018
The Risk and Insurance Management Society has published a cyber-insurance guide…
Industrial lines drag on Talanx profit
20 August 2018
Talanx’s first-half net income fell 5.6% to €437 million, with higher taxes eroding earnings and the industrial lines business hit by losses in Germany…
Exchanges business drives Ebix profit
20 August 2018
Insurance technology specialist Ebix has posted a 25% rise in second-quarter net income to $US29.2 million…
Insurers brace for ‘hard Brexit’
13 August 2018
British insurers are activating Brexit contingency measures as time runs out for the UK and European Union to adopt legally binding transition plans…
California wildfire sets record as losses mount
13 August 2018
A wildfire in California has become the largest in the state’s history, as several uncontrolled blazes cause damage to homes and businesses amid record-breaking summer temperatures…
European fires, drought take $5 billion toll
13 August 2018
Drought and wildfires in Europe are likely to cause at least $US4 billion of damage, according to Impact Forecasting’s monthly catastrophe report…
Australia lifts Zurich first-half earnings
13 August 2018
Swiss-based Zurich Group increased its first-half net income by 19% to $US1.8 billion, partly on the back of strong performance in the Australian market…
Man-made disasters dent Munich Re Q2
13 August 2018
Munich Re’s second-quarter net profit fell 0.6% to €728 million amid a sharp rise in claims due to man-made disasters…
Liberty profits as cat losses ease
13 August 2018
Liberty Mutual’s profit jumped in the second quarter on the sale of a life business, increased revenue and a more benign natural catastrophe environment…
Lower catastrophe bill buoys Hannover Re
13 August 2018
Hannover Re’s property and casualty reinsurance arm posted a 37.4% rise in first-half underwriting profit to €204.7 million, with catastrophe losses below expectations…
Divestment hits Crawford earnings
13 August 2018
Crawford & Company sank into the red in the second quarter as earnings fell and the sale of legal services arm Garden City Group incurred a $US17.8 million pre-tax loss…