insuranceNEWS.com.au - International

Hurricane Melissa bill could top $7 billion

Mon, 10 Nov 2025 03:36:51 GMT

Private market insured losses from Hurricane Melissa could reach $US3 billion ($4.6 billion) to $US5 billion ($7.7 billion) after Jamaica was slammed by the “generational” storm, Moody’s RMS Event Response says...

AI threats in focus at Singapore reinsurance event

Mon, 10 Nov 2025 03:36:44 GMT

Singapore is developing supervisory guidelines for artificial intelligence risk management, an international reinsurance conference was told last week...

Green transition reshapes energy risks: Swiss Re

Mon, 10 Nov 2025 03:36:29 GMT

Growing investment in green energy presents opportunities and complex challenges for insurers and reinsurers, Swiss Re says...

Competition, costs eating into premium growth: Deloitte

Mon, 10 Nov 2025 03:36:17 GMT

Global premium growth is expected to slow next year, while insurers face challenges from weather-related losses, rising legal risks and broker consolidation, a Deloitte report says...

IAIS warns on global protection gaps

Mon, 10 Nov 2025 03:36:05 GMT

The International Association of Insurance Supervisors has called for action to address gaps in natural catastrophe insurance coverage, warning of increased financial risks if the issue is not addressed...

Zurich sets GWP record

Mon, 10 Nov 2025 03:35:31 GMT

Zurich says its property and casualty unit delivered record results in the nine months to September as gross written premium grew 8% to a new high of $US38.9 billion ($59.9 billion)...

AIG hails Q3 insurance income jump

Mon, 10 Nov 2025 03:35:20 GMT

AIG has reported general insurance underwriting income of $US793 million ($1.2 billion) for the third quarter, up 81% on a year earlier...

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...