03 October 2016
Arch Capital has conducted a public offering of 18 million depositary shares at $US25 each to fund two major acquisitions, one of which will make it the largest private mortgage insurer in the world…
03 October 2016
US healthcare liability claims have moderately declined, according to a study by Aon and the American Society for Healthcare Risk Management, with further data analysis showing a correlation between worker and patient safety…
26 September 2016
Despite a highly competitive environment, the Brexit fallout and increased catastrophe losses, Lloyd’s has reported a £1.46 billion profit for the first half, up £260 million on the corresponding period last year…
26 September 2016
The UK’s Financial Conduct Authority will “further engage” with the retail general insurance sector after questions about Big Data use uncovered potential areas in which consumers may be disadvantaged…
26 September 2016
Lemonade has started selling home policies to New Yorkers – the first market to get a taste of the peer-to-peer insurer’s offering…
26 September 2016
The vast majority of large European businesses have suffered a data breach – but far fewer are concerned about it happening in future…
26 September 2016
UK motorists are paying 13.5% more in premiums than a year ago, recording an average of £788 a year, according to the Consumer Intelligence market research agency…
26 September 2016
Global marine underwriting premium dropped 10.5% to $US29.9 billion last year, the International Union of Marine Insurance conference in Genoa heard…
26 September 2016
Insured losses from Category 1 Hurricane Hermine – the first hurricane to hit Florida since 2005 – will not exceed $US400 million, catastrophe modeller RMS says…
19 September 2016
Insurers are becoming more sophisticated in their reinsurance purchasing and there is increasing demand for customised and strategic solutions, according to a new report from Swiss Re…
19 September 2016
The UK’s pending exit from the EU is not a major issue for reinsurance, the 60th Reinsurance Rendezvous in Monte Carlo heard last week…
19 September 2016
Insurers must review the way business interruption covers and other policies are structured as terrorists increasingly target maximum economic damage over loss of lives, reinsurance broker Guy Carpenter says…
19 September 2016
UK insurers detected 130,000 fraudulent claims last year, according to Association of British Insurers statistics…
19 September 2016
Risk professionals play a vital role in a company’s merger and acquisition process, according to a new Risk and Insurance Management Society report…
19 September 2016
AIR Worldwide has expanded its terrorism risk model to support scenario testing for the US and 27 other countries, including Australia…
19 September 2016
US motor insurance premiums may fall more than 40% by 2050 on conservative estimates, according to Aon Benfield’s annual Global Insurance Market Opportunities report…
19 September 2016
The global drone insurance market could be worth more than $US1 billion by 2020 and $US500 million in the US alone, according to Allianz Global Corporate & Specialty…
19 September 2016
US commercial insurance prices increased by less than 1% in the second quarter, according to Willis Towers Watson…
12 September 2016
Munich Re says the reinsurance market continues to be dominated by strong competition and “relentless pressure to change”, but it believes it is meeting these challenges…
12 September 2016
Floods in Louisiana cost the US economy more than $US10 billion but more than 80% of affected homeowners were not covered, according to Impact Forecasting’s catastrophe report for last month…