WTW risk and broking revenue rises
04 August 2025
WTW’s overall revenue was flat in the second quarter after the sale of a business, but its risk and broking division posted a 7% increase...
International
Chubb notches P&C income record
28 July 2025
Chubb’s property and casualty underwriting income rose 15% to a record $US1.63 billion ($2.44 billion) in the second quarter...
WR Berkley profit rises in competitive space
28 July 2025
US insurer WR Berkley has reported an 8% increase in second-quarter profit, while flagging a more competitive reinsurance market and “extraordinary” growth in underwriting agencies...
Industry urged to act as British motor claim costs surge
28 July 2025
UK motor claim costs have risen 34% in four years due to higher input prices, more complex and expensive cars, and increases related to hire vehicles, theft and uninsured drivers, a regulator has found...
Munich Re on course for strong quarter result
28 July 2025
Munich Re says its second-quarter result will be well ahead of analysts’ expectations...
Aon outlook steady after Q2 gains
28 July 2025
Aon has reaffirmed its full-year guidance after delivering a “strong” second-quarter result that included an 11% increase in revenue...
US flood maps ‘miss flash risk’
28 July 2025
Flood mapping by the US Federal Emergency Management Agency fails to capture events driven by intense rain bursts, leading to homeowners not understanding risk, an academic has warned...
MS Amlin names new chief
28 July 2025
Lloyd’s global reinsurer MS Amlin has appointed Christiern Dart as CEO...
Broking arm aids Marsh McLennan Q2 growth
21 July 2025
Marsh McLennan has reported higher second-quarter earnings, supported by its broking operations...
Aon shakes up reinsurance leadership
21 July 2025
Aon has made several internal appointments in its reinsurance operation...
HDI launches Japanese parametric quake cover
21 July 2025
HDI Global has collaborated with Descartes Underwriting to offer parametric earthquake insurance in Japan...
More US cities face hurricane losses in climate crisis
21 July 2025
Hurricane losses in the US could increase by more than 50% under 2 degrees of global warming, according to a study from (re)insurer MS Amlin...
Glacier collapse points to climate future: Aon
21 July 2025
The Birch glacier collapse that destroyed much of the Swiss town of Blatten highlights the potential for similar disasters because of climate change, Aon says...
Agency revenue tops $44 billion
14 July 2025
Underwriting agencies worldwide earned $US29.25 billion ($44.5 billion) in revenue comprising fees and commissions last year, according to consultant Insuramore...
Hurricane forecast eases
14 July 2025
The Atlantic hurricane season is likely to have above-normal storm activity this year, Colorado State University researchers say in an adjustment to their previous outlook...
McLarens recruits global strategy head
14 July 2025
International claims services provider McLarens has appointed Danny Miller as chief global strategy officer...
US rate hikes ease
14 July 2025
US personal and commercial line rate rises slowed in the June quarter, gaining 4.6% and 2.8% respectively, analyst MarketScout says...
Reinsurers out to deploy ‘significant capital’
07 July 2025
Mid-year renewals suggest reinsurer appetite remains strong but has not compromised underwriting discipline, according to Gallagher Re...
Allianz launches climate risk projection tool
07 July 2025
Allianz Commercial says its new Climate Adaptation and Resilience Services platform will allow businesses to analyse natural hazard risks across a 55-year timeline...
Fire reinsurance program lifts capacity
07 July 2025
Losses covered under the UK fire safety reinsurance facility have been raised to £75 million ($156 million) from £50 million ($104 million), the Association of British Insurers says...