insuranceNEWS.com.au - International

Third-quarter cat losses fall to 19-year low

Mon, 20 Oct 2025 02:09:05 GMT

Insurers worldwide paid out $US12 billion ($18.53 billion) for natural catastrophe losses in the third quarter – the smallest sum since Q3 2006, according to Aon...

Emerging economies resilience fund raises $500 million

Mon, 20 Oct 2025 02:08:49 GMT

A fund designed to close natural catastrophe protection gaps through disaster resilience investments in emerging markets has raised an initial $US340 million ($523 million)...

Global heating tops fears amid ‘deepening polycrisis’

Mon, 20 Oct 2025 02:08:42 GMT

Social fragmentation is compounding the world’s vulnerability to risk amid a “deepening sense of polycrisis”, an annual Axa survey finds...

Small businesses blind to ‘existential’ danger of hacks

Mon, 20 Oct 2025 02:08:41 GMT

SMEs still underestimate the potential impacts of hack attacks, amid a wider cyber protection gap, Munich Re says...

Willis warns boards over cyber cost misconceptions

Mon, 20 Oct 2025 02:07:05 GMT

Willis has urged companies to improve their cyber-readiness after a study revealed consistent overconfidence and misunderstanding of key risks among corporate boards...

WTW sues after Howden staff ‘raid’

Mon, 13 Oct 2025 03:21:21 GMT

WTW has filed a lawsuit against Howden US Services and a former employee alleging poaching of staff and business, AM Best’s news service has reported...

Man charged with arson over Palisades wildfire

Mon, 13 Oct 2025 03:21:13 GMT

US federal authorities have charged a man with maliciously starting one of the most destructive wildfires in Los Angeles history – the Palisades blaze in January...

Mining policy rates in ‘freefall’ amid fierce competition

Mon, 13 Oct 2025 03:20:56 GMT

Capacity for mining liability cover has increased for a third straight year as insurers compete aggressively for business, according to a Willis report...

US home insurers rebound from cost blowout

Mon, 13 Oct 2025 03:20:46 GMT

Profitability is improving in the US homeowners cover market after rising inflation affected loss costs, but natural disaster risks remain high, Aon says...

‘Architects of solutions’: brokers warn innovation role overlooked

Mon, 06 Oct 2025 03:20:52 GMT

Specialty brokers are the insurance industry’s “innovation engine” but their role is undervalued and not well understood, a UK report says...

Focus on underserved markets as cyber premiums dip

Mon, 06 Oct 2025 03:20:40 GMT

Insurers need to find new markets for cyber cover to make up for falling premiums, according to Howden...

Geopolitical threat races up risk rankings

Mon, 06 Oct 2025 03:20:30 GMT

Cyberattack fears have again topped Aon’s biennial global risk sentiment survey of almost 3000 business decision-makers...

Zurich sets out tech security metrics for governments

Mon, 06 Oct 2025 03:20:13 GMT

Zurich has produced a “national-level” digital resilience action plan in collaboration with the Cyber Threat Alliance and CyberGreen Institute...

Aon names new reinsurance broking chief

Mon, 06 Oct 2025 03:19:44 GMT

Aon has appointed Anshuman Srivastava as reinsurance global chief broking officer...

Beazley urges ‘preparation, not panic’ over hacks

Mon, 06 Oct 2025 03:19:35 GMT

Global executives are more concerned about cyber threats as they face a “quadruple whammy of whack-a-mole-style risks”, a Beazley report says...

Industry warned of empathy gap amid AI rise

Mon, 29 Sep 2025 04:11:37 GMT

Customers think insurers lack empathy despite the personal nature of the services they provide, Zurich says in a report based on a global survey...

Big business hits back against cyber crooks

Mon, 29 Sep 2025 04:11:28 GMT

Large companies are getting better at avoiding cyberattacks, according to Allianz Commercial...

Corporates adjust to climate threat, but holes in coverage persist

Mon, 29 Sep 2025 04:11:13 GMT

Businesses are responding to climate change but underestimate the risk or believe it is too expensive to insure, according to FM...

‘Very strong’ Typhoon Ragasa sets 2025 record

Mon, 29 Sep 2025 04:10:54 GMT

Typhoon Ragasa, which hit the Philippines, Taiwan, Hong Kong and southern China last week, was the world’s most powerful storm this year, Guy Carpenter says...

ACORD Solutions names CEO

Mon, 29 Sep 2025 04:10:28 GMT

Global insurance data standards group ACORD has promoted Chris Newman to lead its arm driving uptake of digital technology...