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Insurers brace for losses after Hagibis hits Japan

14 October 2019

Typhoon Hagibis brought torrential rainfall and flooding to Japan at the weekend, killing more than 30 people, washing away roads and flooding thousands of homes and businesses...

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September ‘worst month’ for natural disasters

14 October 2019

Last month was the costliest for natural disasters, thanks to Hurricane Dorian and Typhoon Faxai, says Aon’s latest Global Catastrophe Recap report...

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US enjoys reprieve with fewer wildfires

14 October 2019

The US wildfire season experienced below-average fire activity this year after abundant spring moisture and below-average temperatures across western states, although large fire potential is expected to persist in California until December...

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Supply chain risks face ‘extreme protection gap’

14 October 2019

Risk assessment methods need to be overhauled to protect companies from global supply chain disruptions as virtual and physical interconnection increases, Lloyd’s and modelling firm Air Worldwide say...

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Fewer insurance M&A deals reported

14 October 2019

Global insurance industry mergers and acquisition deals worth $US4.04 billion were announced in August, according to analyst GlobalData...

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US personal lines rates keep on climbing

14 October 2019

Personal lines insurance in the US continued to record rate increases in the third quarter of 4.5%, insurance exchange MarketScout says...

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Munich Re raises stake in US digital specialist

14 October 2019

Munich Re has spent $US250 million to take its stake in Californian start-up Next Insurance to 27.5%...

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