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International

Tornados wreak havoc across US

11 June 2019

Insurers face multibillion-dollar payouts after a prolonged run of storms pushed US tornado numbers to a four-year high in May, according to Aon’s monthly Global Catastrophe Recap…

AIG names chief underwriters

11 June 2019

AIG has appointed two general insurance underwriting chiefs to strengthen its global team, with the moves effective immediately…

Marsh steps up insurtech engagement

11 June 2019

Marsh is expanding its collaboration with Eos Venture Partners, an insurance-focused venture capital fund, to develop digital solutions for its clients…

Insurance the ‘lifeblood’ of a strong economy

03 June 2019

Insurance is an essential part of a strong economic foundation and sustained growth, yet few people are aware of its impact on fiscal health, according to the Insurance Information Institute…

Swiss Re places cat bond in Singapore

03 June 2019

Swiss Re Capital Markets has closed a $US100 million catastrophe bond in Singapore, which is striving to grab a share of the lucrative insurance-linked securities market…

Swiss Re labels 5G an emerging risk

27 May 2019

Fifth-generation cellular broadband technology is one of five emerging risks Swiss Re identifies as having a “high potential impact” on the general and life insurance industry…

US terror backstop must be renewed: Marsh

27 May 2019

Marsh has called for a “robust reauthorisation” of the US Terrorism Risk Insurance Program Reauthorisation Act, which is due to expire at the end of next year…

ABI pushes for access to cyber-breach data

27 May 2019

Access to cyber-breach data collected by the UK Information Commissioner’s Office would help insurers better assess and price risk, the Association of British Insurers says…