Aon publishes Lloyd's CFO survey findings
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...
International
Talanx places first green bond
29 November 2021
Talanx has issued its first “green” bond in what it says is a further step in implementing its sustainability strategy...
Industry faces $137 billion in natural catastrophe losses
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...
Green push raises industry's climate role
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...
Aon, Crawford share expertise in new cyber claims guide
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...
Ardonagh operating earnings rise as group expands
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...
Talanx aims higher after flood impacts recede
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...
RIMS to hold hybrid conference
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...
US annual weather claims set to again pass $27 billion: Aon
15 November 2021
Severe weather and flooding events resulted in a multi-billion-dollar economic loss for the US in October, signalling that annual insured US losses will again exceed $US20 billion...
Natural catastrophes cost Munich Re $2.7 billion in Q3
15 November 2021
Munich Re reported “above-average” major natural catastrophe losses in the third quarter but remains confident the business is still able to achieve its full-year-earnings profit guidance of €2.8 billion...
Australia, Japan lift Zurich P&C premiums
15 November 2021
Zurich Insurance Group has posted a 14% rise in property and casualty gross written premium to $US31.15 billion for the nine months to September from the corresponding period last year...
Pandemic cover bill reintroduced into US Congress
15 November 2021
A bill creating a US Government backstop for pandemic insurance has been reintroduced into Congress, with support from a business coalition that includes risk management society RIMS...
Insurers publish guide to help climate-vulnerable nations
15 November 2021
Top insurers have published a framework for overhauling the financial response to natural catastrophes in climate-vulnerable countries...
Commercial lines lift AIG general insurance Q3 earnings
15 November 2021
AIG’s general insurance arm performed strongly in the third quarter, lifted by a 17% rise in its commercial lines business, the insurer says in an earnings release...
Cambridge report spotlights insurers' climate role
08 November 2021
A University of Cambridge report has set out the role of insurers in the global effort to accelerate climate resilience as the United Nations COP26 summit enters the final stretch this week in Glasgow...
Aon perils report focuses on 'fingerprints' of climate change
08 November 2021
Broker Aon has launched a report outlining how each new catastrophe is evidence of the “fingerprints” of climate change...
'Should have listened to climate experts sooner': Munich Re
08 November 2021
The longer leaders fail to properly combat climate change, the worse losses from natural catastrophes will be, a Munich Re statement from the United Nations-backed climate COP26 conference in Glasgow says...
Asia Pacific reinsurers face greater volatility: S&P
08 November 2021
Weather-related events that are upending historical patterns, amid climate change and urbanisation, are likely to contribute to greater balance sheet volatility for Asia Pacific reinsurers, S&P Global says in a report...
Ardonagh completes $665 million BGC acquisition
08 November 2021
UK-based Ardonagh has completed its $US500 million acquisition of the BGC Partners insurance operations, increasing gross written premium the group places globally to $US13 billion...
Reinsurance rate outlook fuelled by Q3 catastrophes
08 November 2021
Major catastrophe events during the third quarter are likely to fuel reinsurance rate increases next year after recent waning momentum, S&P Global Ratings says...