More US cities face hurricane losses in climate crisis
21 July 2025
Hurricane losses in the US could increase by more than 50% under 2 degrees of global warming, according to a study from (re)insurer MS Amlin...
International
Glacier collapse points to climate future: Aon
21 July 2025
The Birch glacier collapse that destroyed much of the Swiss town of Blatten highlights the potential for similar disasters because of climate change, Aon says...
Agency revenue tops $44 billion
14 July 2025
Underwriting agencies worldwide earned $US29.25 billion ($44.5 billion) in revenue comprising fees and commissions last year, according to consultant Insuramore...
Hurricane forecast eases
14 July 2025
The Atlantic hurricane season is likely to have above-normal storm activity this year, Colorado State University researchers say in an adjustment to their previous outlook...
McLarens recruits global strategy head
14 July 2025
International claims services provider McLarens has appointed Danny Miller as chief global strategy officer...
US rate hikes ease
14 July 2025
US personal and commercial line rate rises slowed in the June quarter, gaining 4.6% and 2.8% respectively, analyst MarketScout says...
Reinsurers out to deploy ‘significant capital’
07 July 2025
Mid-year renewals suggest reinsurer appetite remains strong but has not compromised underwriting discipline, according to Gallagher Re...
Allianz launches climate risk projection tool
07 July 2025
Allianz Commercial says its new Climate Adaptation and Resilience Services platform will allow businesses to analyse natural hazard risks across a 55-year timeline...
Fire reinsurance program lifts capacity
07 July 2025
Losses covered under the UK fire safety reinsurance facility have been raised to £75 million ($156 million) from £50 million ($104 million), the Association of British Insurers says...
Howden Re expands in Hong Kong
07 July 2025
Howden Re has launched a Hong Kong-focused reinsurance broking platform and appointed a team to staff it...
Adapt to growing bushfire risk, businesses warned
30 June 2025
Organisations need to understand how bushfires could affect their operations, including any risk of starting a blaze, according to a report from Allianz Commercial...
Green power sites need better protection: Zurich
30 June 2025
Europe’s clean energy systems face significant climate hazards if action is not taken to protect them, Zurich has warned...
Supervisors keep eye on geopolitical, AI threats
30 June 2025
Geoeconomic fragmentation, growing investment in private credit and increasing adoption of artificial intelligence are key focus areas this year for international insurance supervisors...
Lloyd’s hails US backflip on ‘revenge tax’
30 June 2025
Lloyd’s has welcomed the United States’ reversal on plans to raise taxes on businesses from a raft of countries...
Axa creates unified ceded reinsurance team
30 June 2025
Axa is combining its Axa Group and Axa XL ceded reinsurance teams to “reduce duplication and enhance market presence”...
UK flood funds crucial in adapting to climate change: ABI
23 June 2025
The UK government’s pledge to spend £7.9 billion ($16.46 billion) on flood defences over a decade has been welcomed by the Association of British Insurers...
Glacier collapse toll tops $600 million
23 June 2025
Damage from a landslide that wiped out the town of Blatten in Switzerland is estimated at 320 million Swiss francs ($604 million), an industry group says...
Buyers’ market persists for cyber cover
23 June 2025
Cyber insurance costs fell 7% in the first quarter and broader coverage with increased limits is now available in most markets for organisations with robust security...
European firms absorbing risk, Allianz Trade says
23 June 2025
Global working capital requirements have reached the highest level since 2008, with a growing divergence between North American and European strategies, an Allianz trade credit insurance report shows...
‘Longer, hotter heatwaves’ pose wide-ranging threat
16 June 2025
The insurance industry faces a growing threat from extreme heat that increases the risk of electrical outages, wildfires and damage to infrastructure, potentially driving up property and specialty claims, according to Swiss Re...