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International

Insurers brace for ‘hard Brexit’

13 August 2018

British insurers are activating Brexit contingency measures as time runs out for the UK and European Union to adopt legally binding transition plans…

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California wildfire sets record as losses mount

13 August 2018

A wildfire in California has become the largest in the state’s history, as several uncontrolled blazes cause damage to homes and businesses amid record-breaking summer temperatures…

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European fires, drought take $5 billion toll

13 August 2018

Drought and wildfires in Europe are likely to cause at least $US4 billion of damage, according to Impact Forecasting’s monthly catastrophe report…

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Australia lifts Zurich first-half earnings

13 August 2018

Swiss-based Zurich Group increased its first-half net income by 19% to $US1.8 billion, partly on the back of strong performance in the Australian market…

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Man-made disasters dent Munich Re Q2

13 August 2018

Munich Re’s second-quarter net profit fell 0.6% to €728 million amid a sharp rise in claims due to man-made disasters…

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Liberty profits as cat losses ease

13 August 2018

Liberty Mutual’s profit jumped in the second quarter on the sale of a life business, increased revenue and a more benign natural catastrophe environment…

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Lower catastrophe bill buoys Hannover Re

13 August 2018

Hannover Re’s property and casualty reinsurance arm posted a 37.4% rise in first-half underwriting profit to €204.7 million, with catastrophe losses below expectations…

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Divestment hits Crawford earnings

13 August 2018

Crawford & Company sank into the red in the second quarter as earnings fell and the sale of legal services arm Garden City Group incurred a $US17.8 million pre-tax loss…

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