insuranceNEWS.com.au - InternationalGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auNext phase of cycle ‘less forgiving’ as growth slowshttps://www.insurancenews.com.au/international/next-phase-of-cycle-less-forgiving-as-growth-slowshttps://www.insurancenews.com.au/international/next-phase-of-cycle-less-forgiving-as-growth-slows<p>Growth will become harder to sustain for insurers and technology, talent, capital deployment and portfolio management will be crucial &ldquo;rather than favourable market conditions alone&rdquo;, Aon says...</p>Mon, 24 Aug 2026 04:31:33 GMTFraudster faked vet records to make dog death claimshttps://www.insurancenews.com.au/international/fraudster-faked-vet-records-to-make-dog-death-claimshttps://www.insurancenews.com.au/international/fraudster-faked-vet-records-to-make-dog-death-claims<p>A UK pet owner has been convicted of fraud after claiming more than &pound;31,000 ($59,000) from insurers by repeatedly faking dogs&rsquo; deaths...</p>Mon, 24 Aug 2026 04:31:22 GMTHomeware giant to offer building contents coverhttps://www.insurancenews.com.au/international/homeware-giant-to-offer-building-contents-coverhttps://www.insurancenews.com.au/international/homeware-giant-to-offer-building-contents-cover<p>Ikea will offer Urban Jungle home cover to UK customers under a new embedded insurance agreement...</p>Mon, 24 Aug 2026 04:31:04 GMTMarine insurers group lines up next leaderhttps://www.insurancenews.com.au/international/marine-insurers-group-lines-up-next-leaderhttps://www.insurancenews.com.au/international/marine-insurers-group-lines-up-next-leader<p>The International Union of Marine Insurance will make Sean Dalton its next president...</p>Mon, 24 Aug 2026 04:29:55 GMTInsurer margins feel heat as climate crisis growshttps://www.insurancenews.com.au/international/insurer-margins-feel-heat-as-climate-crisis-growshttps://www.insurancenews.com.au/international/insurer-margins-feel-heat-as-climate-crisis-grows<p>European wildfires have exposed mounting pressure on insurers as climate risks intensify, GlobalData says...</p>Mon, 17 Aug 2026 04:13:17 GMTFire the rising risk as first-half nat cat losses fall below trendhttps://www.insurancenews.com.au/international/fire-the-rising-risk-as-first-half-nat-cat-losses-fall-below-trendhttps://www.insurancenews.com.au/international/fire-the-rising-risk-as-first-half-nat-cat-losses-fall-below-trend<p>Natural catastrophe hazards are changing, with wildfire now the fastest-growing peril globally, according to the Swiss Re Institute...</p>Mon, 17 Aug 2026 04:13:02 GMTAllianz flags ‘extraordinary’ AI infrastructure boomhttps://www.insurancenews.com.au/international/allianz-flags-extraordinary-ai-infrastructure-boomhttps://www.insurancenews.com.au/international/allianz-flags-extraordinary-ai-infrastructure-boom<p>The global data centre insurance market is expected to more than double in value to $US24 billion ($34 billion) by 2030 as investment in artificial intelligence drives one of the largest infrastructure investment cycles in decades, Allianz Commercial says...</p>Mon, 17 Aug 2026 04:12:49 GMTTalanx ‘extremely upbeat’ after H1 gainshttps://www.insurancenews.com.au/international/talanx-extremely-upbeat-after-h1-gainshttps://www.insurancenews.com.au/international/talanx-extremely-upbeat-after-h1-gains<p>Talanx says first-half net income rose 9% to &euro;1.5 billion ($2.4 billion), supported by profit growth from all divisions and an improved investment result...</p>Mon, 17 Aug 2026 02:34:27 GMTKumamoto quake to put ‘limited strain’ on insurershttps://www.insurancenews.com.au/international/kumamoto-quake-to-put-limited-strain-on-insurershttps://www.insurancenews.com.au/international/kumamoto-quake-to-put-limited-strain-on-insurers<p>The earthquake that hit Japan&rsquo;s Kumamoto prefecture on July 28 will cause the country&rsquo;s property and casualty insurers limited losses, according to Moody&rsquo;s...</p>Mon, 10 Aug 2026 04:43:14 GMTAllianz ‘on track’ as operating profit climbshttps://www.insurancenews.com.au/international/allianz-on-track-as-operating-profit-climbshttps://www.insurancenews.com.au/international/allianz-on-track-as-operating-profit-climbs<p>Allianz&rsquo;s first-half operating profit rose 8.6% to &euro;9.4 billion ($15.4 billion), accounting for 54% of the full-year outlook...</p>Mon, 10 Aug 2026 04:42:08 GMTMunich Re reports half-year gainshttps://www.insurancenews.com.au/international/munich-re-reports-half-year-gainshttps://www.insurancenews.com.au/international/munich-re-reports-half-year-gains<p>Munich Re has made a first-half net profit of &euro;3.9 billion ($6.38 billion), up 23.5% on a year earlier...</p>Mon, 10 Aug 2026 04:41:59 GMTSwiss Re confident of hitting target after H1 resulthttps://www.insurancenews.com.au/international/swiss-re-confident-of-hitting-target-after-h1-resulthttps://www.insurancenews.com.au/international/swiss-re-confident-of-hitting-target-after-h1-result<p>Swiss Re has reported a second-quarter net income of $US1.3 billion ($1.83 billion), taking its first-half profit to $US2.83 billion ($4 billion)...</p>Mon, 10 Aug 2026 04:41:51 GMTAxa XL adds intel, cyber consultancy to risk divisionhttps://www.insurancenews.com.au/international/axa-xl-adds-intel-cyber-consultancy-to-risk-divisionhttps://www.insurancenews.com.au/international/axa-xl-adds-intel-cyber-consultancy-to-risk-division<p>Axa XL is expanding its risk prevention capabilities with a deal to buy remaining shares in corporate intelligence and cybersecurity consultancy S-RM...</p>Mon, 10 Aug 2026 04:41:03 GMTIndustry may face $3b bill from Japan earthquakehttps://www.insurancenews.com.au/international/industry-may-face-3b-bill-from-japan-earthquakehttps://www.insurancenews.com.au/international/industry-may-face-3b-bill-from-japan-earthquake<p>The 6.8-magnitude earthquake that struck Japan&rsquo;s Kumamoto prefecture last week is expected to cost insurers $US1.4-$US2.1 billion ($1.9-$2.9 billion), according to Verisk...</p>Mon, 03 Aug 2026 04:14:31 GMTUK watchdog targets conflicts in vertical integrationhttps://www.insurancenews.com.au/international/uk-watchdog-targets-conflicts-in-vertical-integrationhttps://www.insurancenews.com.au/international/uk-watchdog-targets-conflicts-in-vertical-integration<p>Britain&rsquo;s financial services regulator has signalled a clampdown on vertically integrated business models in the insurance industry, in a bid to manage conflicts of interest...</p>Mon, 03 Aug 2026 04:14:22 GMTAI benefits – and risks – still in the pipeline: Moody’shttps://www.insurancenews.com.au/international/ai-benefits-and-risks-still-in-the-pipeline-moody-shttps://www.insurancenews.com.au/international/ai-benefits-and-risks-still-in-the-pipeline-moody-s<p>AI promises long-term benefits for insurers despite early gains being modest, according to Moody&rsquo;s Ratings...</p>Mon, 03 Aug 2026 04:14:13 GMTHybrid deals appeal to insurershttps://www.insurancenews.com.au/international/hybrid-deals-appeal-to-insurershttps://www.insurancenews.com.au/international/hybrid-deals-appeal-to-insurers<p>Insurers are increasingly considering minority investments, strategic partnerships and other hybrid pathways as an alternative to full acquisitions, Aon says...</p>Mon, 03 Aug 2026 04:13:09 GMT‘Bigger not always better’ in data centre markethttps://www.insurancenews.com.au/international/bigger-not-always-better-in-data-centre-markethttps://www.insurancenews.com.au/international/bigger-not-always-better-in-data-centre-market<p>Willis has urged data centre owners and investors to rethink their approach to insurance, warning many may be buying more cover than their risk exposure warrants...</p>Mon, 03 Aug 2026 04:12:50 GMTAnalytics, capital solutions drive Aon profitshttps://www.insurancenews.com.au/international/analytics-capital-solutions-drive-aon-profitshttps://www.insurancenews.com.au/international/analytics-capital-solutions-drive-aon-profits<p>Aon increased net profit by 14% to $US1.5 billion ($2.2 billion) in the June half...</p>Mon, 03 Aug 2026 04:12:28 GMTGallagher earnings rise in ‘excellent’ Q2https://www.insurancenews.com.au/international/gallagher-earnings-rise-in-excellent-q2https://www.insurancenews.com.au/international/gallagher-earnings-rise-in-excellent-q2<p>Gallagher has reported adjusted net earnings of $US734 million ($1.04 billion) for the June quarter, up from $US604 million ($857 million) a year earlier...</p>Mon, 03 Aug 2026 04:12:19 GMT