International

Natural catastrophe insurance losses reached an estimated $US42 billion in the first half of the year to rise above the 10-year average while economic losses were lower, Aon’s Impact Forecasting says in a Global Catastrophe Recap...

Storms, flooding, heavy rain and hail across June and July position this year to be the most damaging for Germany since 2002, when insured storm damage was €10.9 billion in what were, prior to this month, deemed to be the worst floods in Europe this century...

Canada’s British Columbia province has declared a state of emergency as wildfires threaten properties amid hot and dry conditions, while large blazes are also affecting parts of the western US...

Munich Re says preliminary figures point to a second quarter net profit of €1.1 billion, taking overall half-year earnings to €1.7 billion...

Vicky Carter has been appointed Deputy Chair of Lloyd’s Council, effective in September...