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 2021 Europe rates set to harden further: Munich Re https://www.insurancenews.com.au/international/europe-rates-set-to-harden-further-munich-re https://www.insurancenews.com.au/international/europe-rates-set-to-harden-further-munich-re Munich Re has predicted reinsurance rates in Europe are expected to trend higher at the upcoming January renewal season, citing a number of factors such as major losses from extreme flooding on the continent and a rise in weather events in affected regions...

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Mon, 25 Oct 2021 14:41:00 +1100
Insurers face 'new world' of cat losses: AIG CEO https://www.insurancenews.com.au/international/insurers-face-new-world-of-cat-losses-aig-ceo https://www.insurancenews.com.au/international/insurers-face-new-world-of-cat-losses-aig-ceo AIG CEO and President Peter Zaffino says the insurance sector has not addressed emerging risks and climate change quickly enough, and cyber risk is also particularly concerning...

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Mon, 25 Oct 2021 14:41:00 +1100
"Terrific year" for Marsh McLennan https://www.insurancenews.com.au/international/terrific-year-for-marsh-mclennan https://www.insurancenews.com.au/international/terrific-year-for-marsh-mclennan Marsh McLennan has reported a 16% jump in quarterly sales to $US4.6 billion, marking a record for third quarter revenue amid strong momentum across all businesses on solid demand...

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Mon, 25 Oct 2021 14:40:00 +1100
High cat loss 'burden' fails to dent Munich Re earnings https://www.insurancenews.com.au/international/high-cat-loss-burden-fails-to-dent-munich-re-earnings https://www.insurancenews.com.au/international/high-cat-loss-burden-fails-to-dent-munich-re-earnings Munich Re says natural catastrophe losses “burdened” its third quarter results but maintains the business is on track to achieve its €2.8 billion profit target for the year...

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Mon, 25 Oct 2021 14:39:00 +1100
CoTé pitches AI platform Agencymate to US insurance agents https://www.insurancenews.com.au/international/cot-pitches-ai-platform-agencymate-to-us-insurance-agents https://www.insurancenews.com.au/international/cot-pitches-ai-platform-agencymate-to-us-insurance-agents Australian-owned CoTé Software and Solutions has launched its Agencymate platform in the US, featuring emerging technologies such as automation, artificial intelligence and machine learning...

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Mon, 25 Oct 2021 12:42:00 +1100