insuranceNEWS.com.au https://www.insurancenews.com.au/ General insurance and financial services news from Australia and around the world en-au admin@insurancenews.com.au Copyright 2019 Resilient insurers adapting to volatile economy: Deloitte https://www.insurancenews.com.au/international/resilient-insurers-adapting-to-volatile-economy-deloitte https://www.insurancenews.com.au/international/resilient-insurers-adapting-to-volatile-economy-deloitte The insurance industry remains resilient, is continuing to generate growth around the world and maintaining overall profitability despite turbulence in the global economy, a new study by Deloitte says...

]]> Mon, 09 Dec 2019 13:44:00 +1100 California bans insurers from ditching fire-risk policies https://www.insurancenews.com.au/international/california-bans-insurers-from-ditching-fire-risk-policies https://www.insurancenews.com.au/international/california-bans-insurers-from-ditching-fire-risk-policies California has ruled that insurers cannot cancel or refuse to renew residential property policies due to wildfire risk for a year...

]]> Mon, 09 Dec 2019 13:43:00 +1100 Floods in Europe tops November catastrophes list https://www.insurancenews.com.au/international/floods-in-europe-tops-november-catastrophes-list https://www.insurancenews.com.au/international/floods-in-europe-tops-november-catastrophes-list European flooding and inland storms led to economic losses estimated at €1.7 billion, Aon’s Impact Forecasting says in a November catastrophes recap...

]]> Mon, 09 Dec 2019 13:43:00 +1100 More pain in store for D&O players https://www.insurancenews.com.au/international/more-pain-in-store-for-do-players https://www.insurancenews.com.au/international/more-pain-in-store-for-do-players So-called “bad news” not linked to financial results will trigger more claims in the directors’ and officers’ space, further straining what is already a loss-making line for insurers, according to Allianz Global Corporate & Specialty...

]]> Mon, 09 Dec 2019 13:42:00 +1100 Lloyd’s caters to fast-growing space market https://www.insurancenews.com.au/international/lloyds-caters-to-fast-growing-space-market https://www.insurancenews.com.au/international/lloyds-caters-to-fast-growing-space-market Lloyd’s has introduced a new multi-million-pound insurance policy called Llift Space for the emerging private spaceflight industry...

]]> Mon, 09 Dec 2019 13:40:00 +1100 US-China rivalry ranks as top political risk https://www.insurancenews.com.au/international/us-china-rivalry-ranks-as-top-political-risk https://www.insurancenews.com.au/international/us-china-rivalry-ranks-as-top-political-risk The tussle for global supremacy between the US and China looms as the biggest political risk next year, according to a Willis Towers Watson global survey of 41 major companies...

]]> Mon, 09 Dec 2019 13:40:00 +1100 Mindsets shifting as gender diversity progresses https://www.insurancenews.com.au/international/mindsets-shifting-as-gender-diversity-progresses https://www.insurancenews.com.au/international/mindsets-shifting-as-gender-diversity-progresses The global financial services sector is making progress on gender diversity in the workforce as mindsets evolve, a report from Guy Carpenter affiliate Oliver Wyman says...

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