29 January 2018
Reinsurance capital reached $US427 billion at the end of last month, up 2% on a year earlier despite the high level of catastrophe losses in the past year, according to estimates by Guy Carpenter and AM Best…
29 January 2018
Atlantic hurricanes Harvey, Irma and Maria will affect industry-wide dynamics, according to AM Best…
29 January 2018
Global temperatures cooled slightly last year but not by much, according to the latest report from the US-based National Oceanic and Atmospheric Administration…
29 January 2018
Reinsurance pricing has not spiked significantly despite one of the worst catastrophe years on record, with losses of about $US136 billion, Willis Re says…
29 January 2018
Insured losses from Winter Storm Eleanor in Europe this month will range from €1.1-€1.6 billion, according to catastrophe modeller AIR Worldwide…
11 December 2017
Insurers are not fully exploiting the SME market’s huge potential, with customers hungry for improved online offerings, according to a PWC survey…
11 December 2017
The US broking industry’s credit fundamentals will remain solid next year, according to Fitch Ratings…
11 December 2017
Asia-Pacific reinsurance buyers face a lower likelihood of significant price rises in next year’s renewal season than their catastrophe-hit US counterparts, according to Guy Carpenter…
11 December 2017
Hyperion Insurance Group has welcomed Caisse de depot et placement du Quebec’s investment of more than $US400 million for a minority stake in the company…
11 December 2017
AM Best has revised its outlook for Zurich Group to stable from negative and affirmed its long-term issuer credit rating (ICR) at “a”, citing a “very strong” balance sheet…
11 December 2017
Future rate increases in reinsurance depend on the insurance-linked securities market’s appetite for investment, according to Fitch…
11 December 2017
Authorities in Santa Barbara County have issued an evacuation order as the wildfires in southern California continue into a second week…
11 December 2017
Insurers will allocate more resources to investing in and acquiring insurtechs next year, forced by digitalisation’s impact on the industry, according to Deloitte…
11 December 2017
AM Best has upgraded the long-term issuer credit ratings of Munich Re, Swiss Re and their affiliates to aa from aa-…
11 December 2017
Typhoon Damrey caused $US1 billion of damage in Vietnam after it made landfall last month, according to Aon Benfield subsidiary Impact Forecasting…
04 December 2017
The recently concluded Atlantic hurricane season was the busiest since 2005 and one of the most damaging on record, according to the Insurance Information Institute…
04 December 2017
The Lloyd’s market has so far paid about $US1.7 billion for claims arising from hurricanes Harvey, Irma and Maria…
04 December 2017
A second wave of insurtech is likely to follow a first-generation shakeout and may have a greater impact on the industry, according to a report by Marsh & McLennan consulting group Oliver Wyman and German insurtech investor Policen Direkt…
04 December 2017
Personal cyber insurance may become the norm as online crime escalates, London-based analytics company GlobalData says…
04 December 2017
Businesses must redefine the way cyber risk is viewed or they will waste their efforts to protect against the danger, according to JLT…