Brought to you by:

International

Global premium growth steady despite economic headwinds

16 September 2019

Insurers have remained profitable despite nearly every large economy experiencing slowing momentum, while emerging markets are benefitting from insurtech investments, the Insurance Information Institute says...

Read More...

Japanese typhoon will cost insurers up to $10 billion

16 September 2019

Insured losses from Typhoon Faxai will be anywhere between $US3 billion and $US7 billion ($4 billion and $10 billion), risk modelling firm AIR Worldwide says...

Read More...

Guy Carpenter warns of ‘catastrophic’ bushfire risk

16 September 2019

Guy Carpenter says insurers and reinsurers must reassess the growing bushfire threat to avoid a “catastrophic claims event”...

Read More...

Terrorism backstop ‘vital for US market’

16 September 2019

Affordable insurance coverage for major US events such as the Super Bowl, the Summer Olympics and large construction projects may be threatened unless government policy brought in after the September 11 2001 terrorist attacks 18 years ago is reinstated...

Read More...

Global protection gap continues to widen: AIR

16 September 2019

Insured average annual losses rose $US6.1 billion ($8.86 billion) over 2019 to nearly $US92 billion ($133.67 billion), according to AIR’s global cat losses report...

Read More...

Insurers tougher on local mining premiums

16 September 2019

The Australian mining market has seen further increases in premium rating throughout the first half of 2019 as conditions carry on from the previous year, Willis Towers Watson says in its latest Mining Risk Review...

Read More...