insuranceNEWS.com.au http://www.insurancenews.com.au/ General insurance and financial services news from Australia and around the world en-au admin@insurancenews.com.au Copyright 2017 UK regulator begins wholesale broking probe http://www.insurancenews.com.au/international/uk-regulator-begins-wholesale-broking-probe http://www.insurancenews.com.au/international/uk-regulator-begins-wholesale-broking-probe The UK’s Financial Conduct Authority has started a study of competition in the wholesale insurance broker sector…

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Mon, 13 Nov 2017 12:24:00 +1100
Hurricanes tipped to push up US commercial rates http://www.insurancenews.com.au/international/hurricanes-tipped-to-push-up-us-commercial-rates http://www.insurancenews.com.au/international/hurricanes-tipped-to-push-up-us-commercial-rates Commercial insurance buyers will face rate increases next year after one of the most active and financially disruptive hurricane seasons, according to global broker Willis Towers Watson…

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Mon, 13 Nov 2017 12:21:00 +1100
Amazonís customer relationships open door to disruption http://www.insurancenews.com.au/international/amazons-customer-relationships-open-door-to-disruption http://www.insurancenews.com.au/international/amazons-customer-relationships-open-door-to-disruption Amazon is well positioned to disrupt the European insurance market, potentially relegating insurers to “price-driven risk carriers” at the back end, according to data and analytics company GlobalData…

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Mon, 13 Nov 2017 12:20:00 +1100
Wildfires in US and Portugal set damage records http://www.insurancenews.com.au/international/wildfires-in-us-and-portugal-set-damage-records http://www.insurancenews.com.au/international/wildfires-in-us-and-portugal-set-damage-records Californian wildfires that killed 43 people, injured 185 and destroyed about 8560 structures last month were the costliest insured wildfires on record, according to Impact Forecasting…

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Mon, 13 Nov 2017 12:20:00 +1100
Allianz holds steady as cat claims rise http://www.insurancenews.com.au/international/allianz-holds-steady-as-cat-claims-rise http://www.insurancenews.com.au/international/allianz-holds-steady-as-cat-claims-rise Allianz says third-quarter net profit fell 17.3% to €1.6 billion as hurricanes and other natural catastrophes pushed claims higher…

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Mon, 13 Nov 2017 12:19:00 +1100
Zurich expects pricing uplift http://www.insurancenews.com.au/international/zurich-expects-pricing-uplift http://www.insurancenews.com.au/international/zurich-expects-pricing-uplift Zurich’s property and casualty gross written premium hit $US25.35 billion in the nine months to September 30, up 1% on the corresponding period last year…

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Mon, 13 Nov 2017 12:18:00 +1100