insuranceNEWS.com.au https://www.insurancenews.com.au/ General insurance and financial services news from Australia and around the world en-au admin@insurancenews.com.au Copyright 2020 Rates poised to rise as industry seeks to boost profitability https://www.insurancenews.com.au/international/rates-poised-to-rise-as-industry-seeks-to-boost-profitability https://www.insurancenews.com.au/international/rates-poised-to-rise-as-industry-seeks-to-boost-profitability Rates globally for insurance covers are set to harden further in the coming months as reinsurers look to adjust prices upwards to shore up earnings, Munich Re has predicted...

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Mon, 26 Oct 2020 13:31:00 +1100
US insurers return $12 billion in COVID premiums https://www.insurancenews.com.au/international/us-insurers-return-12-billion-in-covid-premiums https://www.insurancenews.com.au/international/us-insurers-return-12-billion-in-covid-premiums Nearly $US8.5 billion in premiums have been returned to US property and casualty policyholders in the six months to June 30 because of COVID-19, according to a report by AM Best...

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Mon, 26 Oct 2020 13:30:00 +1100
Axa XL axes two London financial lines https://www.insurancenews.com.au/international/axa-xl-axes-two-london-financial-lines https://www.insurancenews.com.au/international/axa-xl-axes-two-london-financial-lines Axa XL has announced it will no longer write management liability or financial institutions business in the London market...

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Mon, 26 Oct 2020 13:29:00 +1100
Munich Re hit with $1.3 billion COVID losses in Q3 https://www.insurancenews.com.au/international/munich-re-hit-with-1-3-billion-covid-losses-in-q3 https://www.insurancenews.com.au/international/munich-re-hit-with-1-3-billion-covid-losses-in-q3 Munich Re has booked €800 million in pandemic-related reinsurance losses for the third quarter to September...

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Mon, 26 Oct 2020 13:29:00 +1100
Allianz, Axa again in list of high-value global brands https://www.insurancenews.com.au/international/allianz-axa-again-in-list-of-high-value-global-brands https://www.insurancenews.com.au/international/allianz-axa-again-in-list-of-high-value-global-brands Allianz and Axa have achieved top 50 placements in Interbrand’s latest global brand rankings for the second consecutive year, appearing alongside such brands as Apple, Amazon and Microsoft...

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Mon, 26 Oct 2020 13:28:00 +1100