International

Swiss Re has toughened up its response to the climate change threat by announcing a series of measures to cut carbon emissions...

The property and casualty arm of Allianz suffered an 11.9% decline in operating profit to €5 billion last year, despite producing increased revenues of €59.2 billion, up 6.8% from 2018...

Paris-based insurer Axa has warned its bottom line will take a hit this year from costs aimed at shoring up earnings at Axa XL and announced it has appointed a new CEO to run the unit...

Swiss Re's full-year net income has soared 73% to $US727 million, despite the group suffering a $US2.7 billion hit from natural and man-made catastrophes...

Former Lloyd's CEO Inga Beale has been appointed an independent director of global claims management group Crawford & Company...

The number of mergers and acquisitions globally in the insurance industry rose 10% to 419 deals last year, the highest in four years, international law group Clyde & Company says...

The oil and mining industries make up around a third of demand for credit and political risk insurance, but that is set to change as interest in renewables rises, according to broker BPL Global...

Lloyd's says improvements to the way the market operates will become tangible this year as it moves ahead with a blueprint to cut costs and overhaul its performance...

Analytics company GlobalData says the rise of sharing economy companies such as Airbnb and Uber pose both challenges and opportunities to insurance, blurring the lines for an industry which typically distinguishes between personal and commercial products...