insuranceNEWS.com.au - International

‘A rare privilege’: Neal bids farewell to Lloyd’s

Mon, 02 Jun 2025 03:28:34 GMT

John Neal has commended the “collaboration, commitment and camaraderie” of his London market colleagues, thanking “everyone who trusted this lowly motor underwriter to lead Lloyd’s for almost seven years”...

‘Underwriting rigour’ marks mid-year renewals

Mon, 02 Jun 2025 03:28:19 GMT

Property catastrophe reinsurance prices at the June 1 renewals continued to moderate, according to a Howden Re update...

Tariffs, conflicts key threats to maritime industry

Mon, 02 Jun 2025 03:28:08 GMT

Geopolitical conflicts, the US-China tariff war and shadow fleets are among the key dangers facing the global maritime industry, according to an annual Allianz Commercial report...

UK pet payouts reach record total

Mon, 02 Jun 2025 03:27:34 GMT

Pet insurance payouts by members of the Association of British Insurers rose 4% to a record £1.23 billion ($2.36 billion) last year as vet fees increased sharply...

US tornado, hail costs to ‘reach into billions’

Mon, 26 May 2025 04:17:17 GMT

Tornados and hail in the Ohio River Valley and Midwest this month may rank among the costliest severe weather events in US history, with total economic and insured losses likely to be billions of dollars, Aon says...

Howden flags opportunity for political risk underwriters

Mon, 26 May 2025 04:17:08 GMT

Demand for political risk insurance has surged by one-third amid trade disruption and geopolitical and macroeconomic uncertainty, Howden says...

Marsh eyes booming data centre market

Mon, 26 May 2025 04:16:55 GMT

Marsh has launched a risk management and insurance broking service for data centre operators...

HDI earnings rise despite large loss blowout

Mon, 26 May 2025 04:16:44 GMT

HDI Global says it has made a promising start to the year, with first-quarter earnings up...

Next Lloyd’s boss threatens ‘blunt instruments’ in bid for discipline

Mon, 19 May 2025 04:24:52 GMT

Lloyd’s chief of markets Patrick Tiernan has called for discipline as market conditions become more challenging and amid increasing examples of “egregious” trading behaviour...

Industry warned over cost of Trump tariff volatility

Mon, 19 May 2025 04:24:32 GMT

Actuarial group Finity has urged Australian insurers to recognise long-term supply chain impacts and market challenges stemming from the changing global trade environment...

California fires dent Munich Re result

Mon, 19 May 2025 02:50:54 GMT

Munich Re has posted a lower first-quarter property and casualty profit after major losses exceeded expectations...

British watchdog to ‘strip back’ rulebook

Mon, 19 May 2025 02:50:46 GMT

The UK regulator has released plans to cut outdated or duplicated requirements from its insurance rulebook, in changes aimed at lowering costs while maintaining protections...

Value and engagement ‘key to attracting Gen Z consumers’

Mon, 19 May 2025 02:50:34 GMT

Insurers must make policies easier to understand and add value and incentives to capture younger buyers, GlobalData says...

US fires singe Swiss Re P&C earnings

Mon, 19 May 2025 02:50:15 GMT

Swiss Re says the California fires and other large catastrophes hit its property and casualty reinsurance results in the first quarter...

Aon climate tool adds high-res flood risk projections

Mon, 19 May 2025 01:33:29 GMT

Quantification of flood and tropical cyclone threats has been added to Aon’s Climate Risk Monitor...

‘Iron grip’: next Lloyd’s chief outlines his market priorities

Mon, 12 May 2025 04:30:44 GMT

Lloyd’s incoming CEO says he will “keep an iron grip on underwriting discipline”, spur innovation and foster an inclusive culture at the London market...

Zurich reports ‘robust’ Q1 growth

Mon, 12 May 2025 04:30:33 GMT

Zurich’s property and casualty business posted higher earnings in the first quarter, lifted by rate increases across its commercial and retail operations...

US fire disaster dents Liberty profit

Mon, 12 May 2025 04:30:17 GMT

Liberty Mutual Insurance’s net income fell 33% to $US1.03 billion ($1.61 billion) in the first quarter, driven by the record fires in California in January...

FM sets credit program at $1.5 billion

Mon, 12 May 2025 04:29:59 GMT

Commercial property insurer FM will give $US1 billion ($1.55 billion) of credit to eligible mutual policyholders renewing over the next year from June 30...

‘The time has arrived’: 94-year-old Buffett to step down

Mon, 05 May 2025 04:09:39 GMT

Berkshire Hathaway chairman and CEO Warren Buffett plans to retire from the top executive role at the end of the year...