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International

Sompo to buy Aspen for $5 billion

01 September 2025

Tokyo-based Sompo will acquire specialty insurer and reinsurer Aspen for $US3.5 billion ($5.4 billion), adding diversification and global scale...

Cat bonds drive ILS market to ‘dynamic’ year

01 September 2025

Catastrophe bond issuance exceeded $US21 billion ($32.1 billion) in the year to June as the broader insurance-linked securities market had its most “active and dynamic” period, Aon says...

UK weighs ransomware payments ban

01 September 2025

The British government has proposed a ban on ransomware payments by public sector bodies, a broader payment prevention regime, and a new incident reporting regime...

Aon identifies best ways to ride the cycle

01 September 2025

Aon has outlined ways for insurers to achieve top performance across market cycles after identifying traits shown by the most successful companies...

Modeller flags $100 billion hurricane risk

25 August 2025

A major hurricane in a large US city could cause a $US100 billion ($155 billion) insured loss, and such an event is likely due to increased coastal exposures, according to risk modeller Karen Clark & Co...

Rising reinsurance capital bolsters resilience

25 August 2025

The reinsurance market is well positioned to absorb reasonable losses, with dedicated capital projected to increase this year in a continuation of recent trends, AM Best says...

Russian quake signalled by earlier events

18 August 2025

The Kamchatka earthquake, the sixth-largest recorded by modern seismographs over the past century, followed a foreshock 10 days earlier, Risk Frontiers says in a report on whether the event was foreseeable...

Talanx raises annual income projection

18 August 2025

Talanx Group, which includes HDI Global and Hannover Re, has raised its full-year outlook after a 26% increase in first-half earnings...

Munich Re looks to build on Q2 earnings lift

11 August 2025

Munich Re’s property and casualty reinsurance business made a net income of €1.19 billion ($2.1 billion) in the second quarter, up from €771 million ($1.38 billion) a year earlier...

P&C results boost Zurich

11 August 2025

Zurich’s business operating profit increased 6% to $US4.2 billion ($6.1 billion) in the first half, including a stronger contribution from the property and casualty division...

Calgary hail bill climbs as claims near end

11 August 2025

The Calgary hailstorm of August last year caused insured losses of $C3.29 billion ($3.68 billion), according to the latest estimate from Canadian data provider Catastrophe Indices and Quantification...

Hydrogen boom to inflate market: Allianz

04 August 2025

The global insurance market for hydrogen projects could be worth more than $US3 billion ($4.64 billion) by 2030 as demand for cleaner energy grows, according to Allianz Commercial...

Market remains rational, Gallagher says

04 August 2025

Arthur J Gallagher’s revenue and earnings rose in the second quarter, lifted by existing businesses and as it completed nine mergers in the period...