19 February 2018
A risk management standard has been overhauled amid threats to reputations and brands from cyber crime, political risk, terrorism and other sources, the International Organisation of Standardisation says…
12 February 2018
Lloyd’s is pushing ahead with electronic placement as part of its modernisation program…
12 February 2018
Munich Re has posted a “small profit” of €392 million for last year, as predicted following hurricanes Harvey, Irma and Maria…
12 February 2018
Aon Securities says it has structured a record $US1.36 billion earthquake catastrophe bond for the World Bank, providing coverage for Chile, Colombia, Mexico and Peru…
12 February 2018
Zurich Group’s net profit fell 6% to $US3 billion last year as the “exceptional impact” of hurricanes hit its property and casualty business…
12 February 2018
AIG slumped to a deeper net loss in the fourth quarter, as record catastrophe losses and a one-off charge arising from US tax reforms hit earnings…
12 February 2018
Willis Towers Watson’s corporate risk and broking business grew fourth-quarter revenue to $US777 million, rising from $US706 million in the corresponding period of 2016…
12 February 2018
Storms that hit north and west Europe last month will cost insurers more than $US2 billion, Impact Forecasting says…
12 February 2018
Chemical facilities, energy platforms and other critical industrial assets face increased risk of cyber attacks this year, according to Marsh & McLennan and cyber-security group FireEye…
12 February 2018
The US property and casualty industry was in the red for a second consecutive year in 2017, with a larger net underwriting loss of $US29.3 billion, AM Best says…
12 February 2018
Specialty insurer Beazley says pre-tax profit fell 43% last year to $US168 million after the industry experienced one of its most costly periods for natural disasters…
12 February 2018
German insurer Talanx has provisionally reported a 26.1% decline in group net income for last year, blaming huge losses from hurricanes and other natural disasters…
05 February 2018
Insurers and reinsurers are increasingly influential in insurtech, making 120 private investments last year and 35 in the last quarter alone, according to Willis Towers Watson…
05 February 2018
Last year was the costliest on record for weather-induced catastrophes, with economic damage reaching $US344 billion, according to Impact Forecasting…
05 February 2018
Catastrophe bond market issuance set new records last year due to strong investor demand, according to Willis Towers Watson and Aon Securities…
05 February 2018
Non-complex claims of up to £250,000 will be settled in a more efficient manner after the introduction last week of the Single Claims Agreement Party, Lloyd’s says…
05 February 2018
Insured losses from recent California wildfires amount to almost $US12 billion, setting a record for the state…
05 February 2018
Chubb has recorded a 4.8% decline in fourth-quarter net income, as earnings took a hit from the California wildfires…
05 February 2018
Aon says net income from continuing operations declined to $US435 million last year from $US1.3 billion in 2016, while total revenue grew 6% to $US10 billion…
05 February 2018
XL Group has reported a net loss of $US560.4 million for last year, hit by an above average year for natural disasters…