20 November 2017
Fifteen insurers have collectively divested about $US20 billion ($26.36 billion) in equities and bonds from coal companies, or ceased to underwrite coal projects, according to a new report…
20 November 2017
AIR Worldwide estimates insured losses from the Tubbs, Nuns, Atlas, Redwood and Sulphur wildfires in California will be $US8-$US10.5 billion…
20 November 2017
HDI Global parent Talanx has reported a 30% decline in nine-month earnings after warning its third quarter would be hit by hurricanes in the US and Caribbean and earthquakes in Mexico…
20 November 2017
A new global partnership aims to provide insurance to millions of vulnerable people and increase resilience to climate change…
13 November 2017
The UK’s Financial Conduct Authority has started a study of competition in the wholesale insurance broker sector…
13 November 2017
Commercial insurance buyers will face rate increases next year after one of the most active and financially disruptive hurricane seasons, according to global broker Willis Towers Watson…
13 November 2017
Amazon is well positioned to disrupt the European insurance market, potentially relegating insurers to “price-driven risk carriers” at the back end, according to data and analytics company GlobalData…
13 November 2017
Californian wildfires that killed 43 people, injured 185 and destroyed about 8560 structures last month were the costliest insured wildfires on record, according to Impact Forecasting…
13 November 2017
Allianz says third-quarter net profit fell 17.3% to €1.6 billion as hurricanes and other natural catastrophes pushed claims higher…
13 November 2017
Zurich’s property and casualty gross written premium hit $US25.35 billion in the nine months to September 30, up 1% on the corresponding period last year…
13 November 2017
A catastrophic third quarter featuring hurricanes Harvey, Irma and Maria has led to Munich Re reporting a €1.43 billion loss, down from a €685 million profit in the corresponding three months last year…
13 November 2017
Hannover Re remains upbeat despite a sharp earnings hit from recent hurricanes and earthquakes…
13 November 2017
JLT expects to make “sustained year-on-year financial progress” despite the series of natural catastrophes this year…
13 November 2017
Specialty insurer Hiscox grew gross written premium by 12.4% in the first nine months, amid signs of rate tightening driven by the catastrophe-packed third quarter…
13 November 2017
International insurance technology provider Ebix has reported record third-quarter revenue of $US92.8 million ($120.87 million), up 24.4% on the corresponding period last year…
13 November 2017
Global specialty insurer Beazley reported gross written premium of $US1.76 billion for the nine months to September 30, up 6% on the previous corresponding period…
13 November 2017
Disruptive technologies and failure to innovate have debuted in the top 10 risks facing financial institutions worldwide, according to an Aon survey…
13 November 2017
About 61% of companies use enterprise risk management programs to direct their corporate strategies, according to a Risk and Insurance Management Society survey…
06 November 2017
Fierce competition among reinsurers in the Asia-Pacific region continues to stymie attempts to increase rates on catastrophe-exposed business, and is leading some to move capital to other markets such as life insurance, according to S&P Global Ratings…
06 November 2017
Fintech innovations are creating “seemingly contradictory” challenges for insurers, according to a report from the World Economic Forum and Deloitte…