insuranceNEWS.com.au - InternationalGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auTech advances, climate among top future fearshttps://www.insurancenews.com.au/international/tech-advances-climate-among-top-future-fearshttps://www.insurancenews.com.au/international/tech-advances-climate-among-top-future-fears<p>Climate change remains the public&rsquo;s leading concern, according to Axa&rsquo;s 13th annual Future Risks Report, while insurance industry respondents now place AI and big data in top spot...</p>Mon, 19 Oct 2026 04:05:06 GMTBenign spell ‘must not lead to complacency’ on nat catshttps://www.insurancenews.com.au/international/benign-spell-must-not-lead-to-complacency-on-nat-catshttps://www.insurancenews.com.au/international/benign-spell-must-not-lead-to-complacency-on-nat-cats<p>Munich Re says natural catastrophe risks are rising and has warned against complacency following lower losses in recent years...</p>Mon, 19 Oct 2026 04:04:59 GMTEurope’s flood losses depart from historical patternshttps://www.insurancenews.com.au/international/europe-s-flood-losses-depart-from-historical-patternshttps://www.insurancenews.com.au/international/europe-s-flood-losses-depart-from-historical-patterns<p>European flood losses are shifting beyond traditional hotspots and increasingly occur outside major urban centres, creating new accumulation challenges for insurers, according to Gallagher Re and catastrophe modeller KatRisk...</p>Mon, 19 Oct 2026 04:04:48 GMTInsurance hubs move on innovative risk transfershttps://www.insurancenews.com.au/international/insurance-hubs-move-on-innovative-risk-transfershttps://www.insurancenews.com.au/international/insurance-hubs-move-on-innovative-risk-transfers<p>US and UK authorities are tightening rules for asset-intensive reinsurance to manage counterparty and recapture risk, according to a Fitch Ratings global regulatory update...</p>Mon, 19 Oct 2026 04:04:34 GMTUkraine war facility extendedhttps://www.insurancenews.com.au/international/ukraine-war-facility-extendedhttps://www.insurancenews.com.au/international/ukraine-war-facility-extended<p>Aon and the European Bank for Reconstruction and Development have expanded the capacity and scope of a war risk insurance facility for Ukraine as it faces intensifying attacks from Russia...</p>Mon, 19 Oct 2026 04:04:20 GMTAviation ‘capacity constraints evident’ in risk hotspotshttps://www.insurancenews.com.au/international/aviation-capacity-constraints-evident-in-risk-hotspotshttps://www.insurancenews.com.au/international/aviation-capacity-constraints-evident-in-risk-hotspots<p>The global aviation insurance market faces challenges even with capacity remaining at sufficient levels, according to a Gallagher update...</p>Mon, 19 Oct 2026 04:04:03 GMTLate-season Isaias crosses Florida coastlinehttps://www.insurancenews.com.au/international/late-season-isaias-crosses-florida-coastlinehttps://www.insurancenews.com.au/international/late-season-isaias-crosses-florida-coastline<p>Hurricane Isaias has crossed the US coastline in Florida after an unusually quiet Atlantic season so far this year...</p>Mon, 12 Oct 2026 03:43:28 GMT‘No shortage’ of growth options despite challenging environmenthttps://www.insurancenews.com.au/international/no-shortage-of-growth-options-despite-challenging-environmenthttps://www.insurancenews.com.au/international/no-shortage-of-growth-options-despite-challenging-environment<p>The tech boom is creating opportunities for property and casualty insurers as global uncertainties make it harder to balance growth and resilience, an S&amp;P Global Ratings Asia-Pacific event heard...</p>Mon, 12 Oct 2026 03:06:21 GMTBI claim costs surge as recovery times blow outhttps://www.insurancenews.com.au/international/bi-claim-costs-surge-as-recovery-times-blow-outhttps://www.insurancenews.com.au/international/bi-claim-costs-surge-as-recovery-times-blow-out<p>The average value of business interruption claims has risen more than 30% annually over the past two years, and impacts from company closures often dwarf physical damage costs, an Allianz Commercial analysis shows...</p>Mon, 12 Oct 2026 03:06:13 GMT‘Tip of the iceberg’: UK uncovers $2.5b of claim fraudhttps://www.insurancenews.com.au/international/tip-of-the-iceberg-uk-uncovers-2-5b-of-claim-fraudhttps://www.insurancenews.com.au/international/tip-of-the-iceberg-uk-uncovers-2-5b-of-claim-fraud<p>Insurers detected fraudulent claims worth &pound;1.34 billion ($2.55 billion) in the UK last year, up 14% on the previous year, the Association of British Insurers says...</p>Mon, 12 Oct 2026 03:06:06 GMTRenters charged over ‘audacious, reckless’ arson fraudhttps://www.insurancenews.com.au/international/renters-charged-over-audacious-reckless-arson-fraudhttps://www.insurancenews.com.au/international/renters-charged-over-audacious-reckless-arson-fraud<p>Seven people have been charged with running a major arson-related insurance fraud and money laundering scheme in the US...</p>Mon, 12 Oct 2026 03:05:46 GMTFiji’s broking body back in businesshttps://www.insurancenews.com.au/international/fiji-s-broking-body-back-in-businesshttps://www.insurancenews.com.au/international/fiji-s-broking-body-back-in-business<p>The Licensed Insurance Brokers Association of Fiji has relaunched after more than a decade spent inactive...</p>Mon, 12 Oct 2026 03:05:35 GMTIndustry falling short on communications, study findshttps://www.insurancenews.com.au/international/industry-falling-short-on-communications-study-findshttps://www.insurancenews.com.au/international/industry-falling-short-on-communications-study-finds<p>Public satisfaction with communications from insurers is falling more than in other sectors, a recent global survey of consumers has found...</p>Mon, 12 Oct 2026 02:34:32 GMTZurich claims ‘largest’ specialty mantle after Beazley buyout https://www.insurancenews.com.au/international/zurich-claims-largest-specialty-mantle-after-beazley-outhttps://www.insurancenews.com.au/international/zurich-claims-largest-specialty-mantle-after-beazley-out<p>Zurich says it is now the &ldquo;largest&rdquo; specialty insurer after completing the acquisition of UK-headquartered Beazley...</p>Mon, 05 Oct 2026 03:36:53 GMTJohn Neal takes new rolehttps://www.insurancenews.com.au/international/john-neal-takes-new-rolehttps://www.insurancenews.com.au/international/john-neal-takes-new-role<p>John Neal has been appointed chairman at startup LUSYi, which lets road users know what is ahead of them, reducing risk...</p>Mon, 05 Oct 2026 03:36:47 GMTEscalating motor litigation fuelling US costshttps://www.insurancenews.com.au/international/escalating-motor-litigation-fuelling-us-costshttps://www.insurancenews.com.au/international/escalating-motor-litigation-fuelling-us-costs<p>Motor vehicle lawsuits in the US have risen sharply over the past decade, contributing to auto liability costs affecting premiums, the Insurance Information Institute says...</p>Mon, 05 Oct 2026 03:36:39 GMTAIG promotes chief actuary to CROhttps://www.insurancenews.com.au/international/aig-promotes-chief-actuary-to-crohttps://www.insurancenews.com.au/international/aig-promotes-chief-actuary-to-cro<p>AIG has promoted global chief actuary Turab Hussain to CRO, effective from next Monday...</p>Mon, 05 Oct 2026 02:49:57 GMTMarine premium rises as market ‘remains soft’https://www.insurancenews.com.au/international/marine-premium-rises-as-market-remains-softhttps://www.insurancenews.com.au/international/marine-premium-rises-as-market-remains-soft<p>Global marine insurance premium income increased 5.5% last year to $US42.6 billion but more capacity is increasing competition, according to the industry&rsquo;s latest market analysis...</p>Mon, 28 Sep 2026 04:03:21 GMTInsurify says no to Muse https://www.insurancenews.com.au/international/insurify-says-no-to-musehttps://www.insurancenews.com.au/international/insurify-says-no-to-muse<p>US insurance comparator Insurify has prohibited Meta&rsquo;s recently launched artificial intelligence agent from its shopping portals, saying it wants to protect consumers from quotes that lack &ldquo;critical" contextual details like coverage limits and deductibles...</p>Mon, 28 Sep 2026 04:03:14 GMTSystemic risk landscape changing, warns Swiss Rehttps://www.insurancenews.com.au/international/systemic-risk-landscape-changing-warns-swiss-rehttps://www.insurancenews.com.au/international/systemic-risk-landscape-changing-warns-swiss-re<p>A Swiss Re report says conditions for a new generation of systemic crises are taking shape as risks becoming more interconnected across industries...</p>Mon, 28 Sep 2026 04:03:00 GMT