insuranceNEWS.com.au - International

Reinsurers to take ‘significant’ share of Nepal losses

Mon, 31 Aug 2026 05:07:07 GMT

Nepal’s low insurance penetration is expected to limit underwriting losses from last week’s devastating floods, despite the scale of the humanitarian and economic impacts, while the non-life market relies heavily on reinsurance for catastrophe risks, AM Best says...

Record numbers take ILS to ‘foundational’ status

Mon, 31 Aug 2026 05:06:58 GMT

Insurance-linked securities have become “foundational reinsurance capital”, with issuance reaching a record $US144.5 billion ($201.6 billion), Aon says...

Cyber claims grow more complex and costly

Mon, 31 Aug 2026 04:33:46 GMT

Privacy breaches, extortion, prolonged business interruption and litigation are increasingly figuring in cyber incidents, driving lengthier and more complex losses, Marsh says...

Cashed-up collectors leave luxury goods exposed

Mon, 31 Aug 2026 04:33:32 GMT

Well-heeled young Americans like buying luxury items but less than half insure them, a survey by Chubb has found...

Next phase of cycle ‘less forgiving’ as growth slows

Mon, 24 Aug 2026 04:31:33 GMT

Growth will become harder to sustain for insurers and technology, talent, capital deployment and portfolio management will be crucial “rather than favourable market conditions alone”, Aon says...

Fraudster faked vet records to make dog death claims

Mon, 24 Aug 2026 04:31:22 GMT

A UK pet owner has been convicted of fraud after claiming more than £31,000 ($59,000) from insurers by repeatedly faking dogs’ deaths...

Homeware giant to offer building contents cover

Mon, 24 Aug 2026 04:31:04 GMT

Ikea will offer Urban Jungle home cover to UK customers under a new embedded insurance agreement...

Marine insurers group lines up next leader

Mon, 24 Aug 2026 04:29:55 GMT

The International Union of Marine Insurance will make Sean Dalton its next president...

Insurer margins feel heat as climate crisis grows

Mon, 17 Aug 2026 04:13:17 GMT

European wildfires have exposed mounting pressure on insurers as climate risks intensify, GlobalData says...

Fire the rising risk as first-half nat cat losses fall below trend

Mon, 17 Aug 2026 04:13:02 GMT

Natural catastrophe hazards are changing, with wildfire now the fastest-growing peril globally, according to the Swiss Re Institute...

Allianz flags ‘extraordinary’ AI infrastructure boom

Mon, 17 Aug 2026 04:12:49 GMT

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...

Talanx ‘extremely upbeat’ after H1 gains

Mon, 17 Aug 2026 02:34:27 GMT

Talanx says first-half net income rose 9% to €1.5 billion ($2.4 billion), supported by profit growth from all divisions and an improved investment result...

Kumamoto quake to put ‘limited strain’ on insurers

Mon, 10 Aug 2026 04:43:14 GMT

The earthquake that hit Japan’s Kumamoto prefecture on July 28 will cause the country’s property and casualty insurers limited losses, according to Moody’s...

Allianz ‘on track’ as operating profit climbs

Mon, 10 Aug 2026 04:42:08 GMT

Allianz’s first-half operating profit rose 8.6% to €9.4 billion ($15.4 billion), accounting for 54% of the full-year outlook...

Munich Re reports half-year gains

Mon, 10 Aug 2026 04:41:59 GMT

Munich Re has made a first-half net profit of €3.9 billion ($6.38 billion), up 23.5% on a year earlier...

Swiss Re confident of hitting target after H1 result

Mon, 10 Aug 2026 04:41:51 GMT

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)...

Axa XL adds intel, cyber consultancy to risk division

Mon, 10 Aug 2026 04:41:03 GMT

Axa XL is expanding its risk prevention capabilities with a deal to buy remaining shares in corporate intelligence and cybersecurity consultancy S-RM...

Industry may face $3b bill from Japan earthquake

Mon, 03 Aug 2026 04:14:31 GMT

The 6.8-magnitude earthquake that struck Japan’s Kumamoto prefecture last week is expected to cost insurers $US1.4-$US2.1 billion ($1.9-$2.9 billion), according to Verisk...

UK watchdog targets conflicts in vertical integration

Mon, 03 Aug 2026 04:14:22 GMT

Britain’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...

AI benefits – and risks – still in the pipeline: Moody’s

Mon, 03 Aug 2026 04:14:13 GMT

AI promises long-term benefits for insurers despite early gains being modest, according to Moody’s Ratings...