insuranceNEWS.com.au - International

Thinking robots ‘require human handlers’

Mon, 03 Nov 2025 04:19:54 GMT

Agentic AI that can “think” and act independently is already changing customer service in insurance by enabling real-time decision-making alongside human agents, analytics group GlobalData says...

Aon on target as Q3 revenue climbs

Mon, 03 Nov 2025 02:17:02 GMT

Aon is confident of meeting its full-year targets after revenue jumped 7% in the third quarter to $US4 billion ($6.12 billion)...

Zurich opens AI ‘moonshot factory’

Mon, 03 Nov 2025 01:37:07 GMT

Zurich has set up a research unit to examine the potential of AI and find ways it can enable scalable solutions to insurance challenges...

Liberty Mutual Re names casualty underwriting chief

Mon, 03 Nov 2025 01:36:38 GMT

Andrew Aldwinckle has been appointed international casualty chief underwriting officer at Liberty Mutual Reinsurance...

Insurers cautious on investment amid global volatility

Mon, 27 Oct 2025 03:04:38 GMT

Concerns over the global economy have reduced insurers’ investment risk appetite, according to an annual survey by asset manager BlackRock...

Insolvencies tipped to grow as trade troubles mount

Mon, 27 Oct 2025 03:04:31 GMT

Trade credit insurer Allianz Trade expects business insolvency numbers to rise this year and next, with the worst impacts in Asia...

Marsh sales growth ‘solid and expected’

Mon, 27 Oct 2025 03:04:23 GMT

Marsh McLennan says underlying revenue rose to $US6.35 billion ($9.78 billion) in the September quarter – the third straight period of 4% growth...

Chubb hails ‘simply outstanding quarter’

Mon, 27 Oct 2025 03:04:15 GMT

Chubb’s core operating income rose 29% to a record $US3 billion ($4.62 billion) in the third quarter, driven by underwriting and investment income...

Third-quarter cat losses fall to 19-year low

Mon, 20 Oct 2025 02:09:05 GMT

Insurers worldwide paid out $US12 billion ($18.53 billion) for natural catastrophe losses in the third quarter – the smallest sum since Q3 2006, according to Aon...

Emerging economies resilience fund raises $500 million

Mon, 20 Oct 2025 02:08:49 GMT

A fund designed to close natural catastrophe protection gaps through disaster resilience investments in emerging markets has raised an initial $US340 million ($523 million)...

Global heating tops fears amid ‘deepening polycrisis’

Mon, 20 Oct 2025 02:08:42 GMT

Social fragmentation is compounding the world’s vulnerability to risk amid a “deepening sense of polycrisis”, an annual Axa survey finds...

Small businesses blind to ‘existential’ danger of hacks

Mon, 20 Oct 2025 02:08:41 GMT

SMEs still underestimate the potential impacts of hack attacks, amid a wider cyber protection gap, Munich Re says...

Willis warns boards over cyber cost misconceptions

Mon, 20 Oct 2025 02:07:05 GMT

Willis has urged companies to improve their cyber-readiness after a study revealed consistent overconfidence and misunderstanding of key risks among corporate boards...

WTW sues after Howden staff ‘raid’

Mon, 13 Oct 2025 03:21:21 GMT

WTW has filed a lawsuit against Howden US Services and a former employee alleging poaching of staff and business, AM Best’s news service has reported...

Man charged with arson over Palisades wildfire

Mon, 13 Oct 2025 03:21:13 GMT

US federal authorities have charged a man with maliciously starting one of the most destructive wildfires in Los Angeles history – the Palisades blaze in January...

Mining policy rates in ‘freefall’ amid fierce competition

Mon, 13 Oct 2025 03:20:56 GMT

Capacity for mining liability cover has increased for a third straight year as insurers compete aggressively for business, according to a Willis report...

US home insurers rebound from cost blowout

Mon, 13 Oct 2025 03:20:46 GMT

Profitability is improving in the US homeowners cover market after rising inflation affected loss costs, but natural disaster risks remain high, Aon says...

‘Architects of solutions’: brokers warn innovation role overlooked

Mon, 06 Oct 2025 03:20:52 GMT

Specialty brokers are the insurance industry’s “innovation engine” but their role is undervalued and not well understood, a UK report says...

Focus on underserved markets as cyber premiums dip

Mon, 06 Oct 2025 03:20:40 GMT

Insurers need to find new markets for cyber cover to make up for falling premiums, according to Howden...

Geopolitical threat races up risk rankings

Mon, 06 Oct 2025 03:20:30 GMT

Cyberattack fears have again topped Aon’s biennial global risk sentiment survey of almost 3000 business decision-makers...