insuranceNEWS.com.au - International

Industry faces resilience stress test amid Middle East war

Mon, 30 Mar 2026 03:51:01 GMT

Howden Re says the closure of the Strait of Hormuz has put “risk premia across the (re)insurance sector in flux”...

Tokio Marine, Berkshire Hathaway enter alliance

Mon, 30 Mar 2026 03:50:57 GMT

Berkshire Hathaway and Tokio Marine Holdings have formed a “strategic partnership” in which the US conglomerate’s National Indemnity Company takes a 2.49% stake in the Japanese insurance group...

Ardonagh ‘match fit for global turmoil’ as earnings rise

Mon, 30 Mar 2026 03:50:50 GMT

UK-based Ardonagh’s reported income grew 20.4% to $US2.55 billion ($3.6 billion) last year as it strengthened its international operations...

Perils flags billion-dollar bill for French storm

Mon, 30 Mar 2026 03:50:31 GMT

Swiss catastrophe modeller Perils estimates Windstorm Nils led to €586 million ($983.48 million) of insured losses, in its first of four assessments on the damage...

Lloyd’s defies price competition to lift profit

Mon, 23 Mar 2026 01:08:36 GMT

Lloyd’s pre-tax profit rose 10% last year to £10.6 billion ($20 billion) as gross written premium increased despite a more competitive pricing environment...

War impacts manageable for now, Fitch says

Mon, 23 Mar 2026 01:06:17 GMT

Fitch Ratings says risks to the global insurance sector from the US war on Iran hinge on its duration...

Iran-linked cyberattack sparks policy debate

Mon, 23 Mar 2026 01:06:11 GMT

An Iranian state-aligned cyberattack on a Fortune 500 medical device maker raises complex questions about war exclusion wording in cyber policies, Moody’s warns...

Talanx ties down ‘outstanding’ leader

Mon, 23 Mar 2026 01:05:53 GMT

German insurance group Talanx has signalled its commitment to CEO Torsten Leue, extending his contract ahead of schedule...

American terror program renewal ‘vital’

Mon, 23 Mar 2026 01:05:47 GMT

The US terrorism insurance program has been central to ensuring cover stability and should be extended beyond its scheduled expiry at the end of next year, Marsh says...

Soft market signals hard times for US insurers: Howden Re

Mon, 23 Mar 2026 01:05:37 GMT

US insurers facing a softening market and persistent extreme weather will struggle to absorb volatility, Howden Re warns...

Planning reform fuels Flood Re fears

Mon, 16 Mar 2026 03:50:44 GMT

A proposed change to planning rules in England could raise property risks and increase the likelihood the Flood Re scheme will not end on schedule, insurers and other groups have warned...

UK insurer fined for overstating solvency

Mon, 16 Mar 2026 03:18:29 GMT

Britain’s Prudential Regulation Authority has hit UK Insurance Limited with a £10.63 million ($20.12 million) fine after it miscalculated solvency balance sheets in 2023 and 2024...

OECD calls for catastrophe loss backstops

Mon, 16 Mar 2026 03:18:20 GMT

Governments worldwide should increase financial support alongside insurers amid rising pressure from major loss events, according to a report from the Organisation for Economic Co-operation and Development...

Chubb backs US maritime reinsurance scheme

Mon, 16 Mar 2026 03:18:09 GMT

Chubb has been named as the lead underwriter for the $US20 billion ($28.71 billion) reinsurance plan to cover maritime losses in the Persian Gulf region...

Marsh Risk makes leadership changes

Mon, 16 Mar 2026 03:17:58 GMT

Marsh Risk says Nick Studer will become CEO and president from next month...

US provides maritime reinsurance ‘to get oil flowing again’

Mon, 09 Mar 2026 02:24:11 GMT

The US has announced a $US20 billion ($28.71 billion) reinsurance plan to cover maritime losses in the Persian Gulf region, as the conflict with Iran enters its second week...

Zurich edges closer to Beazley buyout

Mon, 09 Mar 2026 02:24:00 GMT

Zurich will proceed with its acquisition of Beazley after the pair agreed terms following a preliminary deal last month on a revised £8.1 billion ($15.3 billion) cash offer...

US storms keep insurer cat costs high

Mon, 09 Mar 2026 02:23:48 GMT

Thunderstorms were the costliest peril for insurers last year, driven by high-severity severe convective storms in the US, according to Aon’s annual Climate and Catastrophe Insight...

Quiet hurricane season a blow for Crawford & Co

Mon, 09 Mar 2026 02:23:24 GMT

Crawford & Company reported a profit of $US19.6 million ($27.69 million) last year, down 26% despite record-breaking revenue from international operations and its Broadspire workers’ compensation business...

Axa XL warns on ‘unique risk’ of data centres

Mon, 09 Mar 2026 00:17:12 GMT

The growth of data centres is prompting reinsurers to demand improved protection and engineering solutions to address evolving risks, according to a report from Axa XL...