02 December 2019
Hong Kong must continue strengthening its resilience towards extreme weather events, including severe heat, which are increasing in frequency and intensity due to climate change, a new report finds...
02 December 2019
Zurich has invested an undisclosed amount for an 80% stake in PT Asuransi Adira Dinamika, one of Indonesia’s key general insurers with $US170.4 million in gross written premium last year...
02 December 2019
Insured losses from the Yorkshire and Midlands floods are expected to reach £110 million, according to the Association of British Insurers...
25 November 2019
Lloyd’s has initiated a new campaign to counter unacceptable behaviour and accelerate a culture of integrity, respect and inclusion across its market...
25 November 2019
Allianz Global Corporate and Specialty is offering new risk consulting, captive fronting and crisis management services for its property & casualty business clients...
25 November 2019
Aon will acquire US insurtech CoverWallet, giving the broker access to a $US200 billion digital insurance market for small business...
25 November 2019
Chubb will increase its stake in Huatai Insurance Group after receiving the green light from China’s financial regulator...
25 November 2019
Aon has introduced a new private placement catastrophe bond platform via its investment banking arm, Aon Securities...
18 November 2019
The insurance market will be propped up in coming years by very strong demand in China and other parts of emerging Asia, helping the industry buck a trend for weakening global economic growth, Swiss Re says...
18 November 2019
Concerns over the use of potentially dangerous cladding materials have again emerged after a fire broke out at a student housing block in the UK...
18 November 2019
Insurance software company Ebix’s revenue has grown 14% to $US147.2 million, despite a 20% drop in revenue from its Risk Compliance Solutions channel...
18 November 2019
HDI Global parent Talanx expects continuing premium growth of about 4% in 2020 after a strong performance so far this year...
18 November 2019
Specialist insurer Beazley has increased its gross written premium by 12% to $US2.19 billion in the third quarter compared to the previous corresponding period...
11 November 2019
Lloyd’s will merge its council and Franchise Board from June under a new arrangement to simplify its governance and improve efficiency...
11 November 2019
Regulatory challenges are adding to insurer woes as the frequency and severity of wildfire grows, especially in California, the New York-based Insurance Information Institute says...
11 November 2019
The UK regulator is “deeply concerned” about recent reports of sexual harassment and bullying in the London market and has singled this out as a priority focus over the coming year...
11 November 2019
Aviation insurance claims are increasing in both frequency and severity, driven up by more valuable aircraft, higher repair costs and rising liability awards for crash victims, a study of five years of claims in the sector has found...
11 November 2019
Total economic losses of more than $US10 billion are expected in Japan after Typhoon Hagibis swept through the greater Tokyo metro region in October, killing 95 people and damaging or destroying more than 93,250 structures...
11 November 2019
The operating profit in the Property and Casualty division at Allianz dropped by more than 10% in the third quarter compared to last year, the insurer says...
11 November 2019
Zurich’s Property & Casualty gross written premium rose 7% in the first nine months of the year, as most regions saw improvement and rate gains accelerated in the most recent quarter...