‘New normal’ as smaller perils break $US100b barrier
07 September 2026
“Non-peak” peril insured losses exceeded $US100 billion ($138 billion) last year for the first time after a run of growth, according to Munich Re...
International
Cat losses climb to levels ‘once thought implausible’
07 September 2026
Verisk estimates global insured catastrophe losses will now average $US171 billion ($237 billion) a year, up $US19 billion ($26 billion) on last year’s estimate...
AI turbocharging old cyber threats, Swiss Re warns
07 September 2026
Artificial intelligence is amplifying cyber risks rather than creating new categories of insured loss, according to Swiss Re...
Global anti-fraud council steps up crime fight
07 September 2026
A group of major insurers have joined a new global body escalating the fight against fraud...
Data hubs to drive surge in premium: Swiss Re
07 September 2026
Commercial insurers are expected to secure $US200 billion ($277.52 billion) in premium over the next four years as the global economy enters a capital expenditure “super-cycle”, according to Swiss Re...
European fires point to changing risk
07 September 2026
Europe’s summer wildfires stunned the continent, but Howden Re says they are not a market-changing loss event...
Capital redeployment the ‘key theme’ for reinsurers
07 September 2026
Gallagher Re says funds deployment is a challenge for reinsurers as capital continues to grow faster than revenue...
Serial scammer faked illnesses, car crashes
07 September 2026
A British man who fraudulently claimed more than £300,000 ($563,000) from three insurers has been jailed for more than four years...
‘Standout’ European storms tipped to cost $3.5b
07 September 2026
The insured cost of storms that battered Europe in July has been estimated at €2.186 billion ($3.535 billion) by catastrophe data group Perils...
Reinsurers to take ‘significant’ share of Nepal losses
31 August 2026
Nepal’s low insurance penetration is expected to limit underwriting losses from last week’s devastating floods, despite the scale of the humanitarian and economic impacts, while the non-life market relies heavily on reinsurance for catastrophe risks, AM Best says...
Record numbers take ILS to ‘foundational’ status
31 August 2026
Insurance-linked securities have become “foundational reinsurance capital”, with issuance reaching a record $US144.5 billion ($201.6 billion), Aon says...
Cyber claims grow more complex and costly
31 August 2026
Privacy breaches, extortion, prolonged business interruption and litigation are increasingly figuring in cyber incidents, driving lengthier and more complex losses, Marsh says...
Cashed-up collectors leave luxury goods exposed
31 August 2026
Well-heeled young Americans like buying luxury items but less than half insure them, a survey by Chubb has found...
Next phase of cycle ‘less forgiving’ as growth slows
24 August 2026
Growth will become harder to sustain for insurers and technology, talent, capital deployment and portfolio management will be crucial “rather than favourable market conditions alone”, Aon says...
Fraudster faked vet records to make dog death claims
24 August 2026
A UK pet owner has been convicted of fraud after claiming more than £31,000 ($59,000) from insurers by repeatedly faking dogs’ deaths...
Homeware giant to offer building contents cover
24 August 2026
Ikea will offer Urban Jungle home cover to UK customers under a new embedded insurance agreement...
Marine insurers group lines up next leader
24 August 2026
The International Union of Marine Insurance will make Sean Dalton its next president...
Insurer margins feel heat as climate crisis grows
17 August 2026
European wildfires have exposed mounting pressure on insurers as climate risks intensify, GlobalData says...
Fire the rising risk as first-half nat cat losses fall below trend
17 August 2026
Natural catastrophe hazards are changing, with wildfire now the fastest-growing peril globally, according to the Swiss Re Institute...
Allianz flags ‘extraordinary’ AI infrastructure boom
17 August 2026
The global data centre insurance market is expected to more than double in value to $US24 billion ($34 billion) by 2030 as investment in artificial intelligence drives one of the largest infrastructure investment cycles in decades, Allianz Commercial says...