24 April 2023
A new report from WTW reveals nine in 10 companies have suffered a political risk loss, as it warns of a shift towards “high severity” events and financial consequences due to global threats...
17 April 2023
The global reinsurance sector achieved premium growth of 12.3% last year, according to a Gallagher Re market report...
17 April 2023
Innovation in insurance is still an “ad hoc endeavour,” and most insurers continue to score at the lower end despite improvement, AM Best says...
17 April 2023
A global report from Allianz Trade expects business insolvencies to increase sharply this year as pressures from worsening GDP growth and slowing economic conditions are expected to be felt...
17 April 2023
Atlantic hurricane activity is expected to be slightly below average this year, reflecting the likely development of El Nino conditions, the Colorado State University says in its first forecast for the season...
17 April 2023
Zurich says it will provide support for suppliers to help decarbonise as part of efforts to “cascade climate action across the supply chain”...
17 April 2023
Nasdaq-listed EXL expects revenue to rise as much as 13% to $US1.6 billion this year after sales jumped by more than a quarter to $US374.7 million in the fourth quarter...
03 April 2023
Munich Re has pulled out of Net-Zero Insurance Alliance, citing concern over “material antitrust risks” as the reason behind its decision to leave the United Nations-convened emissions reduction bloc...
03 April 2023
A Florida reform package to reduce legal system abuses has been signed into law and could be a “huge step forward” for consumers and businesses, the Insurance Information Institute says...
03 April 2023
Water-related risks are underestimated despite being a fundamental component of adapting to climate change, Axa XL says in a report providing insights into challenges that could pose a risk to business continuity...
03 April 2023
Specialty insurer and reinsurer Canpoius says it has introduced business improvements and is well positioned to take advantage of a continued positive rate environment after reporting an after-tax loss last year due to unrealised investment losses....
03 April 2023
Swiss Re has announced Sergio P. Ermotti will step down as Chairman after its upcoming annual general meeting on April 12...
03 April 2023
Mutual insurer FM Global has announced several executive leadership appointments across its firm in moves that it says will “ensure a continued growth journey whilst maintaining competitive advantage”...
27 March 2023
Natural catastrophes, including last year’s historic Australia floods and Hurricane Ian in the US, caused insured losses of $US125 billion globally, Swiss Re says in its latest Sigma report...
27 March 2023
Global failures to mitigate and adapt to the climate crisis are causing massive losses and costs to vulnerable communities around the world, a report from the Zurich Flood Resilience Alliance says...
27 March 2023
Lloyd’s is expecting gross written premium of about £56 billion this year after booking a 19.1% rise to £46.7 billion last year...
27 March 2023
Chinese insurers accounted for half of the 10 most valuable insurance brands in an annual list, despite being affected by the country’s harsh zero-covid policy...
27 March 2023
Swiss-based catastrophe data company Perils has released its initial estimate for insured losses from last month’s devastating earthquakes in Turkey and Syria...
27 March 2023
Flooding in California this month has affected thousands of properties as heavy snow followed by “atmospheric river” storm systems increased risks in many locations, Finnish-based natural catastrophe data company Iceye says...
27 March 2023
Aon has teamed with science crowdsourcing platform Lifeguard to drive peer-reviewed research on emerging risks in the property and casualty insurance sectors...