17 July 2017
Leaders of the G20 economies, which collectively produce more than 75% of greenhouse gas emissions, must do more to tackle climate change, according to the Munich Climate Insurance Initiative…
17 July 2017
Atlantic hurricane activity is likely to exceed average levels this season, increasing the risk a major storm will hit the US coastline, according to a revised prediction by Colorado State University forecasters…
17 July 2017
Government, finance and reinsurance representatives will gather in Bermuda next May for the inaugural Ocean Risk Summit, addressing threats posed by climate change…
17 July 2017
AIG has appointed Seraina Macia as EVP and CEO of a new technology unit, reporting to President and CEO Brian Duperreault…
17 July 2017
Munich Re has developed a typhoon insurance solution utilising the WeChat messaging platform, China’s most popular social media app with 938 million active users…
10 July 2017
US reinsurance rates have continued to show moderate declines in the mid-year renewal period, according to Guy Carpenter…
10 July 2017
Bermuda-based specialty lines insurer Axis Capital will acquire Novae after offering £467.6 million for the London-listed group…
10 July 2017
Marsh has appointed John Doyle as CEO of its global operations following the departure of Peter Zaffino, who will join AIG as Global COO under new leader Brian Duperreault…
10 July 2017
Insurers want more information on the latest climate change science amid a changing pattern of perils and rising industry scrutiny, according to modeller AIR Worldwide…
10 July 2017
Lloyd’s has named Hiscox Non-Executive Chairman Robert Childs as Deputy Chairman…
10 July 2017
The UK’s flood reinsurance scheme achieved a pre-tax profit of £130 million in its first year, capping a successful bid to improve insurance affordability for homeowners…
10 July 2017
Global Deputy CEO James Kent will replace John Cavanagh as Global CEO of Willis Re at the end of this year…
10 July 2017
Storms in the US last month will cost insurers at least $US2 billion, while the economic cost of floods in China will run even higher, according to Impact Forecasting’s monthly catastrophe recap…
10 July 2017
Former Swiss Re group CEO Michel Lies will replace Tom de Swaan as Zurich Insurance Group Chairman next year…
10 July 2017
Indonesia’s growing economy will drive insurance premium growth, especially in property, credit guarantee and engineering, according to Fitch Ratings…
10 July 2017
The hurricane season’s onset means US insurance rates will likely continue their first-half upward trend, analyst MarketScout says…
03 July 2017
AIG will consider new ways of using its capital “intelligently”, including buying other companies…
03 July 2017
Businesses are increasingly the target of sophisticated cyber attacks and risk underestimating the “slow-burn” costs of breaches, research from Lloyd’s says…
03 July 2017
The World Bank’s Pandemic Emergency Financing Facility will be operational this month after two years of preparation, with heavy involvement from the insurance industry, including Munich Re and Swiss Re…
03 July 2017
Cladding on 181 UK tower blocks has failed fire safety tests enacted after the devastating blaze at London’s Grenfell Tower, which killed at least 80 people…