13 December 2021
Reinsurance pricing momentum is set to continue into next year as a high level of catastrophe activity and cost trends keeps the industry focussed on the need to push for more rate increases, AM Best says...
13 December 2021
The ability to use real-time data to analyse risk could become a game-changer for the reinsurance industry, SiriusPoint President International Reinsurance Monica Cramer Manhem has told an Aon Fireside Chat...
13 December 2021
Arch Insurance International and Fidelis Insurance have endorsed the Willis Towers Watson (WTW) Climate Transition Pathways (CTP) carbon emissions accreditation framework...
13 December 2021
Industry standards-setting body the Association for Cooperative Operations Research and Development has announced the recipients of its annual awards...
06 December 2021
Arthur J. Gallagher has completed its $US3.25 billion acquisition of Willis Towers Watson treaty reinsurance brokerage operations after reviving a deal flagged before the collapse of Aon’s proposed takeover of WTW...
06 December 2021
Fitch Ratings says its sector outlook next year for the UK non-life company market is “deteriorating” but prospects for the London insurance market are improving...
06 December 2021
This year’s Atlantic hurricane season was the third most active on record for named storms, with Hurricane Ida the most damaging as it knocked out power to more than a million Louisiana residents and caused extensive water outages...
06 December 2021
Allianz Global Corporate & Specialty has outlined new trends in construction risks as the global industry poises ready for a boom in growth, driven by an expected surge in government spending on infrastructure and the switch to net zero carbon emissions...
06 December 2021
Zurich and nine other large organisations, including PwC, Spotify, PepsiCo and Sky, have signed up to The Valuable 500, a global initiative that encourages disability inclusion...
29 November 2021
Financial Complaints Authority figures show 70% of business interruption policyholders who have had pandemic-related claims accepted following a UK test case have now received at least an interim payment...
29 November 2021
Employers’ liability penetration at UK SMEs has hit a new low, according to data analytics firm GlobalData...
29 November 2021
Global hull and cargo insurance lines returned to a technical break-even in 2020 after many years of unprofitability, although the International Union of Marine Insurance (IUMI) says a bounce back underway in shipping activity to pre-COVID levels could boost claims frequency again...
29 November 2021
A new report from Aon reveals findings from a survey of Lloyd’s managing agents’ CFOs and provides an overview of how capital and business strategy are connected within the Lloyd’s market...
29 November 2021
Talanx has issued its first “green” bond in what it says is a further step in implementing its sustainability strategy...
22 November 2021
Insured losses from natural catastrophes are projected to exceed $US100 billion this year, making it the fourth-costliest 12 months on record for the insurance industry after 2005, 2011 and 2017, according to Swiss Re...
22 November 2021
S&P Global Ratings says the recent United Nations climate summit in Glasgow “could prove a turning point” for the insurance industry as global efforts to contain carbon emissions accelerate...
22 November 2021
Aon and Crawford & Company have pooled their combined cyber experience to produce a useful guide explaining how best to maximise preparedness for a cyber claim...
22 November 2021
Ardonagh Group, which added Resilium to its businesses early this year, has reported a rise in revenues and operating earnings following acquisitions, internal growth and cost reductions...
22 November 2021
HDI Global parent Talanx says the group is on track to reach the upper end of its earnings forecast range, despite European flooding in the third-quarter, and it expects profit next year to rise to more than €1 billion...
22 November 2021
RIMS says some of the events at its next annual Riskworld conference in April are to be made available virtually for the first time...