10 July 2023
Managing general agencies, or underwriting agencies as they are referred to in Australia, will continue to thrive as insurers see them as key partners in the current hard market conditions, law firm Clyde & Co says in a new report...
10 July 2023
The Association of British Insurers has appointed Zurich UK CEO Tim Bailey as its new president replacing Royal London Group CEO Barry O’Dwyer...
10 July 2023
Composite rate rises for personal lines insurance in the United States slowed slightly in the second quarter, but an industry expert warns the real test looms with the upcoming wind and wildfire seasons...
10 July 2023
An updated Colorado State University forecast predicts 18 named storms, nine hurricanes and four major hurricanes during the Atlantic hurricane season...
03 July 2023
Sea surface temperatures off the north-eastern coast of Japan are tipped to be up to +1.5C above average in the Asia Pacific Western North Pacific Basin, with implications for typhoon activity, according to Moody’s Risk Management Solutions 2023 outlook...
03 July 2023
Canada’s peak insurance body has welcomed a strategy to shield the country from looming climate change events which cost the country more than $C2billion a year...
03 July 2023
Japan’s major general insurers are projected to report improved earnings after profitability took a hit from a few mid-sized natural catastrophes and covid-related claims, Fitch Ratings says...
03 July 2023
The UK Managing General Agents’ Association says it has marked a milestone with Signature Underwriting becoming its 200th member...
03 July 2023
Broker Aon has made key internal appointments in its Global Reinsurance Clients team...
26 June 2023
Aon and Lloyd’s have announced a joint insurance collaboration with Vienna Insurance Group to help support Ukraine’s economic security...
26 June 2023
Lockton, the world's largest, privately owned insurance brokerage, has named Mark Drummond-Brady as adviser to the senior international leadership team...
26 June 2023
Aon is incorporating research from Columbia University and other academic institutions into its tropical cyclone, wildfire and windstorm models to better assess future financial losses...
26 June 2023
The Association of British Insurers says UK pet insurers paid a record £1 billion in claims last year...
19 June 2023
The latest edition of Swiss Re’s annual Sonar report says the insurance industry faces a “multi-faceted” emerging risk landscape with political tensions and new technologies all marked as growing threats...
19 June 2023
Cole Mayer has been appointed to lead Aon’s worldwide parametric initiatives and accelerate use of index-based solutions...
19 June 2023
Global reinsurer Guy Carpenter has announced a series of appointments and promotions to its cyber divisions in New York and London which it says will enhance and enrich its digital capabilities...
19 June 2023
Swiss Re has invested in data and technology after an escalation in wildfire losses and says the peril is “clearly insurable,” but now makes up less of its underwriting portfolio...
05 June 2023
Allianz Global Corporate & Specialty says fire/explosion is the most expensive cause of marine insurance claims, accounting for 18% of losses between January 1 2017 and December 31 2021...
05 June 2023
Swiss Re says it is vital that insurers build “digital trust” as access to consumer data is the key component behind risk analytics and automation capabilities...
05 June 2023
Canada’s wildfire emergency worsened last week with homes destroyed and almost 20,000 residents evacuated in the country’s eastern province of Nova Scotia amid an active and early start to the wildfire season...