19 February 2024
Swiss Re’s full-year net income rose sharply to $US3.2 billion ($4.8 billion) from $US472 million ($720 million) in 2022 as its property and casualty reinsurance business performed strongly...
19 February 2024
AIG’s general insurance business made $US5.37 billion ($8.21 billion) in adjusted pre-tax income last year, up from $US4.4 billion ($6.7 billion) in 2022...
19 February 2024
Lloyd’s has confirmed investments to help two Lloyd’s Lab alumni, Axio and REOR20, develop insurance solutions within the London market...
12 February 2024
Aon’s fourth-quarter Global Insurance Market Insights report highlights resilience as a definitive theme for the industry amid economic, political and natural disaster risks...
12 February 2024
British insurers have agreed to pause sales of guaranteed asset protection insurance products following a request from the Financial Conduct Authority...
12 February 2024
Catastrophe data group Perils has released its fourth cost estimate for last February’s earthquakes in Turkey, with insured property losses amounting to 117 billion lira ($5.84 billion)...
12 February 2024
Broker Aon’s key businesses performed strongly in the fourth quarter but group net income fell due to higher expenses, including a $US197 million ($303 million) charge “in connection with certain accrued actual or anticipated legal settlement expenses”...
12 February 2024
Talanx, the parent company of HDI Global, says net income last year jumped to a record €1.58 billion ($2.61 billion) as all divisions reported earnings growth...
05 February 2024
January reinsurance renewals were completed relatively smoothly compared with a year earlier when a market reset drove higher pricing and tougher terms, but “underwriting rigour” has continued...
05 February 2024
Marsh McLennan President and CEO John Doyle says the company remains on the lookout for acquisitions following deals last year that included buying Australia and New Zealand broker Honan Insurance Group...
05 February 2024
Insured losses from the earthquake that shook Japan’s Noto Peninsula on New Year’s Day could reach ¥435- ¥870 billion, catastrophe risk modeller Moody’s RMS estimates...
05 February 2024
Broker Gallagher posted higher earnings in the fourth quarter, lifted by premium rises at renewals...
05 February 2024
Chubb CEO Evan Greenberg says strong fourth-quarter earnings contributed to a “blowout year – the best in our company’s history” and underwriting conditions overall are favourable...
05 February 2024
Insured losses in Canada topped $C3.1 billion last year, making it the country’s fourth costliest year, according to Perils subsidy Catastrophe Indices and Quantification...
05 February 2024
The Risk and Insurance Management Society has announced David Arick as its 2024 President, alongside new appointments to its board...
18 December 2023
Significant premium increases have failed to arrest a slide in US personal auto underwriting results, AM Best said in a market segment report...
18 December 2023
Munich Re is aiming to achieve a full-year net profit of €5 billion in 2024, the reinsurer has announced, citing ongoing “favourable” market conditions. The business has a €4.5 billion guidance for this year and will release its results on February 27...
18 December 2023
Losses from extratropical windstorm Ciaran, also known as Emir, are estimated at €1.889 billion, catastrophe insurance data firm Perils says in its first assessment of the event...
18 December 2023
Swiss Re has acquired UK-based flood risk specialist Fathom, adding additional expertise and a “robust set of products” to complement its existing data and modelling...
11 December 2023
Insured losses from severe thunderstorms have reached a record $US60 billion this year, Swiss Re Institute estimates...