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Market on the turn after record year for reinsurers

Mon, 11 May 2026 04:07:14 GMT

Reinsurers enjoyed record profitability last year, but the market is turning in favour of buyers, according to Gallagher Re...

Credit ratings hold up under major catastrophe scenario

Mon, 11 May 2026 04:07:06 GMT

An S&P Global Ratings stress test of global insurers and reinsurers has found most could probably withstand a one in 250-year climate disaster...

Industry backing AI but gains ‘remain incremental’

Mon, 11 May 2026 04:06:32 GMT

A small minority of insurers with advanced AI capabilities are outperforming peers on revenue growth and share price performance, but potential advantages from the technology are mostly unrealised, Capgemini says...

Low cat claims drive Swiss Re earnings

Mon, 11 May 2026 04:06:21 GMT

Swiss Re has reported a 19% rise in first-quarter net income to $US1.5 billion ($2.07 billion) and a 30% increase in underwriting profit to $US1.65 billion ($2.28 billion)...

Howden Re tries to crack code on cyber

Mon, 11 May 2026 04:06:13 GMT

Cyber market growth drivers have not kicked in as expected and the space remains soft for a fourth year, according to a Howden Re report...

Baltimore bridge losses climb towards $4 billion

Mon, 04 May 2026 05:25:31 GMT

Total insurance losses from the Baltimore bridge disaster are expected to exceed $US2.8 billion ($3.9 billion), reflecting a broader range of liabilities than initially anticipated, Howden Re says...

Aon finds ‘misalignment’ in AI use, worker skills

Mon, 04 May 2026 04:22:30 GMT

Businesses are introducing AI faster than they build the skills needed to make it effective, Aon warns...

AIG looks to AI future as premium climbs

Mon, 04 May 2026 04:22:23 GMT

AIG’s gross written premium grew 11% to $US10.01 billion ($15.02 billion) in the first quarter as general insurance underwriting income more than tripled compared with a year earlier to $US774 million ($1.16 billion)...

Cancelled holidays, sky-high fuel costs drag on airline business

Mon, 04 May 2026 04:22:15 GMT

Earned premium from airline insurance could fall this year as travellers cancel plans and carriers cut flights due to the war in the Middle East, according to WTW...

Aon off to ‘strong start’ as profit surges

Mon, 04 May 2026 04:22:14 GMT

Aon has posted a 26% rise in first-quarter net income to $US1.2 billion ($1.66 billion)...

World volatility drags on WTW revenue gain

Mon, 04 May 2026 04:22:04 GMT

WTW CEO Carl Hess says a more challenging global market “created near-term headwinds to organic growth” in the first quarter as revenue rose only 3% to $US2.4 billion ($3.6 billion) – at the “low end of our plan”...

Twin growth streams power Gallagher Q1 earnings

Mon, 04 May 2026 04:21:55 GMT

Gallagher has hailed its “two-pronged revenue” plan as key to its first-quarter performance...

Talanx to exceed first-quarter forecasts

Mon, 04 May 2026 04:21:07 GMT

Talanx is on track to record a €774 million ($1.27 billion) profit for the first quarter, up 28% on the same period last year and ahead of analysts’ forecasts...

CFC adds risk analyst to bolster risk ‘feedback loop’

Mon, 04 May 2026 04:20:57 GMT

Isabel Finn has been appointed head of cyber exposure and proactive risk at CFC...

Beazley investors back Zurich deal

Mon, 27 Apr 2026 04:08:16 GMT

Beazley shareholders have voted in favour of Zurich’s £8.1 billion ($15.3 billion) takeover offer, paving the way for the deal to be completed in the second half of this year...

‘Amateurish’ AI images a feature of exaggerated claims

Mon, 27 Apr 2026 04:08:09 GMT

Artificial intelligence is increasingly used to doctor photos and exaggerate insurance claims, according to Admiral Group...

Traditional views on cat risk ‘no longer sufficient’

Mon, 27 Apr 2026 04:07:46 GMT

Economic losses from flooding topped $US42 billion ($59 billion) worldwide last year and have reached $US2 trillion ($2.8 trillion) since 2000, Aon says...

‘Excellent’ underwriting powers Chubb Q1 earnings

Mon, 27 Apr 2026 04:07:35 GMT

Chubb has posted a 74.3% rise in net income to $US2.32 billion ($3.23 billion) for the first quarter...

Below-average cat bill leaves reinsurers well placed

Mon, 27 Apr 2026 04:06:33 GMT

Reinsurers are in an “even better position” after first-quarter natural catastrophe losses fell below past averages, according to Gallagher Re...

Bear trap snaps shut, as animal suit scammers sentenced

Mon, 20 Apr 2026 04:51:20 GMT

Three Los Angeles fraudsters have been jailed for their parts in an insurance scam that involved a person in a bear suit staging fake attacks on high-end vehicles...