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Conflict, uncertainty rock global shipping sector

Mon, 29 Jun 2026 04:43:23 GMT

A shipping industry shaped by escalating security risks along key corridors, disruption of trade routes, ongoing uncertainty and higher premiums demands a strategic emphasis on resilience over cost efficiency, a new report warns...

Swiss Re launches broker management practice

Mon, 29 Jun 2026 04:43:09 GMT

Matthias Meyenhofer has been promoted to head a new Swiss Re group broker management practice...

‘Substantial portion’ of Venezuela quake losses uninsured

Mon, 29 Jun 2026 04:42:53 GMT

Economic losses from the rare “doublet” earthquake that struck Venezuela last Wednesday are expected to pass $US10 billion ($14.52 billion), but Gallagher Re says the nation has “very low” insurance penetration...

Nation urged to confront rapid rise in temperatures

Mon, 29 Jun 2026 04:42:41 GMT

As France and the UK swelter through record-breaking heatwaves, the Swiss Re Institute has warned Switzerland is warming at twice the global average...

Operations chief takes Liberty International top job

Mon, 22 Jun 2026 03:41:07 GMT

Liberty International Insurance COO Defne Turkes will become the division’s president and MD next month, replacing Phil Hobbs...

Chubb-led Lloyd’s facility adds capacity for Hormuz shipping

Mon, 22 Jun 2026 03:40:59 GMT

A Chubb-backed Lloyd’s marine war risk consortium focusing on vessels and cargo in the Strait of Hormuz has launched...

Cyber insurers ‘covering claims’ as payouts top $1.4 billion

Mon, 22 Jun 2026 03:40:50 GMT

Insurers have paid about $US1 billion ($1.41 billion) of cyber claims over the past 13 years, according to Willis...

Canadian industry group demands ‘decisive shift to adaptation’

Mon, 22 Jun 2026 03:40:41 GMT

A Statistics Canada report highlighting extreme weather’s impact on insurance claim costs has underscored the need for resilience action, an industry peak body says...

Quake models missing ‘sonic booms’ impacts, experts warn

Mon, 15 Jun 2026 04:30:24 GMT

Catastrophe models fail to account for “supershear” earthquake shockwaves, an oversight that could have consequences for high-risk areas such as California, researchers say...

Aon names global broking centre chief

Mon, 15 Jun 2026 04:30:14 GMT

Helene Madell has been promoted to global broking centre CEO at Aon...

Invest in resilience or lose green power assets, Zurich says

Mon, 15 Jun 2026 04:29:54 GMT

About 75% of new clean energy generation sites in southeast Asia will face major climate risks by 2030, according to a Zurich study...

Willis Re hires specialty chief

Mon, 15 Jun 2026 04:29:30 GMT

Jim Summers has been appointed global specialties CEO at Willis Re...

P&C market ‘normalising after rate surge’

Mon, 01 Jun 2026 05:11:09 GMT

The global property and casualty market is entering a normalisation phase after several years of exceptional price-driven growth, while climate change presents a growing affordability challenge, according to an Allianz report...

US on track for quiet hurricane season

Mon, 01 Jun 2026 04:17:42 GMT

The Atlantic Basin has a 55% chance of experiencing a below-normal hurricane season this year, the US forecasting agency estimates...

Moody’s warns on growing US flood cover gap

Mon, 01 Jun 2026 04:17:34 GMT

Residential flood exposure poses a growing credit risk in the US because there is a large insurance protection gap, Moody’s says...

Ping An makes it 10 years at the top of brand rankings

Mon, 01 Jun 2026 04:17:21 GMT

China’s Ping An has topped a list of the world’s most valuable insurance brands for the 10th year running, while Allianz remains in second spot, followed by US group Progressive...

Gulf conflict claims threaten to top Ukraine bill

Mon, 25 May 2026 04:26:06 GMT

The Middle East war may lead to more insurance losses than the Russia-Ukraine conflict, according to Allianz Commercial...

‘Don’t get ghosted’: regulator warns over online offers

Mon, 25 May 2026 04:25:59 GMT

The UK’s Financial Conduct Authority has warned young drivers over “too good to be true” insurance sold online after research found nearly half of under-25s had bought policies via social media or messaging apps...

Markel and Willis go nuclear together

Mon, 25 May 2026 04:25:51 GMT

Markel and Willis have launched a “first of its kind” nuclear power insurance facility under a partnership aiming to meet growing demand...

Investor demand makes ILS a ‘powerful’ player

Mon, 25 May 2026 04:25:17 GMT

Institutional investors are increasing allocations to insurance-linked assets, with non-traditional capital moving from the periphery to the mainstream, a Gallagher Securities report says...