Drivers compensated after unfair payouts
22 September 2025
UK motorists are expected to receive £200 million ($408 million) in compensation for a practice that short-changed careful drivers lodging claims for stolen or written-off vehicles...
International
Marsh McLennan fills international role
22 September 2025
Marsh McLennan has appointed Renee McGowan as international chief commercial officer, responsible for driving strategy across six regions...
Aon opens claims service
22 September 2025
Aon has launched a specialist claims service that it says will reduce payout leakage and improve profitability...
Insurers join cyber defence working group
22 September 2025
US cybersecurity business Tenable has set up a panel to develop and advance best practices in digital protection...
Protesters accuse Lloyd’s of ‘ultimate hypocrisy’ on climate
18 September 2025
Young activists rushed a stage during a keynote speech by Lloyd’s CEO Patrick Tiernan last week, demanding an end to underwriting for arms manufacturers and oil and gas companies...
Swiss Re expects discipline on risk balance
15 September 2025
Reinsurers are unlikely to shift ground on the share of high-frequency natural catastrophe risks they are willing to pick up, according to Swiss Re executive Urs Baertschi...
Chemical, nuclear attack danger ‘on the rise’
15 September 2025
The threat of chemical, biological, radiological and nuclear terrorism is increasing and would cause major uninsured losses, a report warns...
Tariff headwinds to rock cargo cover
15 September 2025
Tariff impacts could reshape the cargo insurance market, an annual marine industry conference has heard...
UK customer satisfaction grows
15 September 2025
British consumers’ perception of insurers has improved, according to the Chartered Insurance Institute...
Price drops a cause for concern: Lloyd’s
08 September 2025
Lloyd’s has warned premiums in some lines are dropping at a “concerning rate” after first-half underwriting profit crashed 51.6% to €1.5 billion ($3.09 billion)...
Moody’s, Fitch cut reinsurance outlooks
08 September 2025
Ratings agencies Moody’s and Fitch have lowered their global reinsurance sector outlooks as pricing eases in property following gains in recent years...
Reinsurance capital rises amid strong profits
08 September 2025
Global reinsurance dedicated capital totalled $US805 billion ($1.23 trillion) at the half-year mark, up 4.8% from the end of December, a Gallagher Re report says...
Descartes recruits Allianz exec for CFO role
08 September 2025
Parametric cover specialist Descartes Underwriting has made Sebastien Bardy its CFO...
Shifting casualty market demands ‘advanced solutions’
08 September 2025
Casualty insurers face a “new era” of risk, with complex mass litigation and long-tail threats shaping as significant drivers of loss, according to Aon and Moody’s...
Sompo to buy Aspen for $5 billion
01 September 2025
Tokyo-based Sompo will acquire specialty insurer and reinsurer Aspen for $US3.5 billion ($5.4 billion), adding diversification and global scale...
Cat bonds drive ILS market to ‘dynamic’ year
01 September 2025
Catastrophe bond issuance exceeded $US21 billion ($32.1 billion) in the year to June as the broader insurance-linked securities market had its most “active and dynamic” period, Aon says...
UK weighs ransomware payments ban
01 September 2025
The British government has proposed a ban on ransomware payments by public sector bodies, a broader payment prevention regime, and a new incident reporting regime...
Aon identifies best ways to ride the cycle
01 September 2025
Aon has outlined ways for insurers to achieve top performance across market cycles after identifying traits shown by the most successful companies...
Modeller flags $100 billion hurricane risk
25 August 2025
A major hurricane in a large US city could cause a $US100 billion ($155 billion) insured loss, and such an event is likely due to increased coastal exposures, according to risk modeller Karen Clark & Co...
Rising reinsurance capital bolsters resilience
25 August 2025
The reinsurance market is well positioned to absorb reasonable losses, with dedicated capital projected to increase this year in a continuation of recent trends, AM Best says...