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International

Agency revenue tops $44 billion

14 July 2025

Underwriting agencies worldwide earned $US29.25 billion ($44.5 billion) in revenue comprising fees and commissions last year, according to consultant Insuramore...

Hurricane forecast eases

14 July 2025

The Atlantic hurricane season is likely to have above-normal storm activity this year, Colorado State University researchers say in an adjustment to their previous outlook...

US rate hikes ease

14 July 2025

US personal and commercial line rate rises slowed in the June quarter, gaining 4.6% and 2.8% respectively, analyst MarketScout says...

Allianz launches climate risk projection tool

07 July 2025

Allianz Commercial says its new Climate Adaptation and Resilience Services platform will allow businesses to analyse natural hazard risks across a 55-year timeline...

Fire reinsurance program lifts capacity

07 July 2025

Losses covered under the UK fire safety reinsurance facility have been raised to £75 million ($156 million) from £50 million ($104 million), the Association of British Insurers says...

Howden Re expands in Hong Kong

07 July 2025

Howden Re has launched a Hong Kong-focused reinsurance broking platform and appointed a team to staff it...

Supervisors keep eye on geopolitical, AI threats

30 June 2025

Geoeconomic fragmentation, growing investment in private credit and increasing adoption of artificial intelligence are key focus areas this year for international insurance supervisors...

Glacier collapse toll tops $600 million

23 June 2025

Damage from a landslide that wiped out the town of Blatten in Switzerland is estimated at 320 million Swiss francs ($604 million), an industry group says...

Buyers’ market persists for cyber cover

23 June 2025

Cyber insurance costs fell 7% in the first quarter and broader coverage with increased limits is now available in most markets for organisations with robust security...

European firms absorbing risk, Allianz Trade says

23 June 2025

Global working capital requirements have reached the highest level since 2008, with a growing divergence between North American and European strategies, an Allianz trade credit insurance report shows...

‘Longer, hotter heatwaves’ pose wide-ranging threat

16 June 2025

The insurance industry faces a growing threat from extreme heat that increases the risk of electrical outages, wildfires and damage to infrastructure, potentially driving up property and specialty claims, according to Swiss Re...

Court backs cover for Russia-stranded planes

16 June 2025

Aircraft lessors have won a court battle over war risks cover after planes worth more than $US4 billion ($6.1 billion) were stranded in Russia following the invasion of Ukraine...