27 February 2017
Insurers and reinsurers are particularly vulnerable to carbon-based assets and liabilities being suddenly or unexpectedly written down or devalued due to climate change, according to a report from Lloyd’s…
20 February 2017
Insurance CEOs are embracing disruption but also worry more about the impact compared with business leaders in other sectors, according to a global survey by PricewaterhouseCoopers…
20 February 2017
Bermuda and other offshore insurance centres are wary of President Donald Trump’s “America first” economic agenda, which includes reducing the corporate tax rate…
20 February 2017
AIG insists its rejuvenation plans remain on track despite a massive fourth-quarter loss that dragged the insurance giant into the red last year…
20 February 2017
Allianz says net profit increased 4% to €6.9 billion last year as its life and health and asset management businesses offset weakness in the property and casualty division…
20 February 2017
Fairfax Financial Holdings, which is acquiring New Zealand insurer Tower, says higher catastrophe losses hit its underwriting income last year…
20 February 2017
Bermuda-based (re)insurer Arch Capital has posted a fourth-quarter profit of $US62.4 million, up from $53.1 million for the corresponding period in 2015…
20 February 2017
Aspen Insurance Holdings’ net profit fell 37% to $US203.4 million last year as a fourth-quarter loss dragged down the result.
20 February 2017
Jim George has been promoted to Global Head of Claims at Swiss Re Corporate Solutions…
20 February 2017
Lloyd’s employees can no longer drink alcohol during work hours, under revised guidelines implemented by the market…
13 February 2017
Lloyd’s expects to reveal its preferred location for a new European Union subsidiary office by the end of next month, as it moves to protect the business from the negative impacts of Brexit…
13 February 2017
US insurers will pay out more than $US1 billion after January brought severe weather and the largest number of tornadoes in 17 years, Impact Forecasting says…
13 February 2017
An industry group formed to explore blockchain technology has expanded to 15 members before a pilot project to test potential benefits…
13 February 2017
Zurich Group’s net profit jumped 74% to $US3.2 billion last year as its major general insurance division posted a stronger performance across all regions…
13 February 2017
Munich Re’s net profit fell 16.1% to €2.6 billion last year, partly due to higher natural catastrophe claims costs in the fourth quarter…
13 February 2017
Premiums for comprehensive car insurance in the UK hit a record £462 on average in the fourth quarter of last year, partly driven by the rising cost of whiplash claims…
13 February 2017
Major catastrophe losses totalled $US39.5 billion last year, the highest sum since 2012, Willis Re says in a new global report…
13 February 2017
Berkshire Hathaway Specialty Insurance has opened an office in London to grow its business in the UK and serve clients in Europe including Ireland, Spain, France and Italy…
13 February 2017
Investment in high-growth areas, improved operational performance and record free cashflow generation of more than $US2.1 billion have produced strong results for Aon…
13 February 2017
Willis Towers Watson earned $US34 million net profit in the fourth quarter, taking its full-year net profit to $US312 million…