insuranceNEWS.com.au - InternationalGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auQuake models missing ‘sonic booms’ impacts, experts warnhttps://www.insurancenews.com.au/international/quake-models-missing-sonic-booms-impacts-experts-warnhttps://www.insurancenews.com.au/international/quake-models-missing-sonic-booms-impacts-experts-warn<p>Catastrophe models fail to account for &ldquo;supershear&rdquo; earthquake shockwaves, an oversight that could have consequences for high-risk areas such as California, researchers say...</p>Mon, 15 Jun 2026 04:30:24 GMTAon names global broking centre chiefhttps://www.insurancenews.com.au/international/aon-names-global-broking-centre-chiefhttps://www.insurancenews.com.au/international/aon-names-global-broking-centre-chief<p>Helene Madell has been promoted to global broking centre CEO at Aon...</p>Mon, 15 Jun 2026 04:30:14 GMTInvest in resilience or lose green power assets, Zurich sayshttps://www.insurancenews.com.au/international/invest-in-resilience-or-lose-green-power-assets-zurich-sayshttps://www.insurancenews.com.au/international/invest-in-resilience-or-lose-green-power-assets-zurich-says<p>About 75% of new clean energy generation sites in southeast Asia will face major climate risks by 2030, according to a Zurich study...</p>Mon, 15 Jun 2026 04:29:54 GMTWillis Re hires specialty chiefhttps://www.insurancenews.com.au/international/willis-re-hires-specialty-chiefhttps://www.insurancenews.com.au/international/willis-re-hires-specialty-chief<p>Jim Summers has been appointed global specialties CEO at Willis Re...</p>Mon, 15 Jun 2026 04:29:30 GMTP&C market ‘normalising after rate surge’https://www.insurancenews.com.au/international/p-and-c-market-normalising-after-rate-surgehttps://www.insurancenews.com.au/international/p-and-c-market-normalising-after-rate-surge<p>The global property and casualty market is entering a normalisation phase after several years of exceptional price-driven growth, while climate change presents a growing affordability challenge, according to an Allianz report...</p>Mon, 01 Jun 2026 05:11:09 GMTUS on track for quiet hurricane seasonhttps://www.insurancenews.com.au/international/us-on-track-for-quiet-hurricane-seasonhttps://www.insurancenews.com.au/international/us-on-track-for-quiet-hurricane-season<p>The Atlantic Basin has a 55% chance of experiencing a below-normal hurricane season this year, the US forecasting agency estimates...</p>Mon, 01 Jun 2026 04:17:42 GMTMoody’s warns on growing US flood cover gaphttps://www.insurancenews.com.au/international/moody-s-warns-on-growing-us-flood-cover-gaphttps://www.insurancenews.com.au/international/moody-s-warns-on-growing-us-flood-cover-gap<p>Residential flood exposure poses a growing credit risk in the US because there is a large insurance protection gap, Moody&rsquo;s says...</p>Mon, 01 Jun 2026 04:17:34 GMTPing An makes it 10 years at the top of brand rankingshttps://www.insurancenews.com.au/international/ping-an-makes-it-10-years-at-the-top-of-brand-rankingshttps://www.insurancenews.com.au/international/ping-an-makes-it-10-years-at-the-top-of-brand-rankings<p>China&rsquo;s Ping An has topped a list of the world&rsquo;s most valuable insurance brands for the 10th year running, while Allianz remains in second spot, followed by US group Progressive...</p>Mon, 01 Jun 2026 04:17:21 GMTGulf conflict claims threaten to top Ukraine billhttps://www.insurancenews.com.au/international/gulf-conflict-claims-threaten-to-top-ukraine-billhttps://www.insurancenews.com.au/international/gulf-conflict-claims-threaten-to-top-ukraine-bill<p>The Middle East war may lead to more insurance losses than the Russia-Ukraine conflict, according to Allianz Commercial...</p>Mon, 25 May 2026 04:26:06 GMT‘Don’t get ghosted’: regulator warns over online offershttps://www.insurancenews.com.au/international/don-t-get-ghosted-regulator-warns-over-online-offershttps://www.insurancenews.com.au/international/don-t-get-ghosted-regulator-warns-over-online-offers<p>The UK&rsquo;s Financial Conduct Authority has warned young drivers over &ldquo;too good to be true&rdquo; insurance sold online after research found nearly half of under-25s had bought policies via social media or messaging apps...</p>Mon, 25 May 2026 04:25:59 GMTMarkel and Willis go nuclear togetherhttps://www.insurancenews.com.au/international/markel-and-willis-go-nuclear-togetherhttps://www.insurancenews.com.au/international/markel-and-willis-go-nuclear-together<p>Markel and Willis have launched a &ldquo;first of its kind&rdquo; nuclear power insurance facility under a partnership aiming to meet growing demand...</p>Mon, 25 May 2026 04:25:51 GMTInvestor demand makes ILS a ‘powerful’ playerhttps://www.insurancenews.com.au/international/investor-demand-makes-ils-a-powerful-playerhttps://www.insurancenews.com.au/international/investor-demand-makes-ils-a-powerful-player<p>Institutional investors are increasing allocations to insurance-linked assets, with non-traditional capital moving from the periphery to the mainstream, a Gallagher Securities report says...</p>Mon, 25 May 2026 04:25:17 GMTHDI Global increases profit in tough markethttps://www.insurancenews.com.au/international/hdi-global-increases-profit-in-tough-markethttps://www.insurancenews.com.au/international/hdi-global-increases-profit-in-tough-market<p>Fewer large losses and strong investment income helped specialty lines insurer HDI Global increase net profit by 8% to &euro;152 million ($248 million) in the first quarter...</p>Mon, 25 May 2026 04:25:01 GMTLloyd’s warns rates easing fast after ‘brutal’ Q1https://www.insurancenews.com.au/international/lloyd-s-warns-rates-easing-fast-after-brutal-q1https://www.insurancenews.com.au/international/lloyd-s-warns-rates-easing-fast-after-brutal-q1<p>Lloyd&rsquo;s chief of performance and strategy Rachel Turk has called for discipline and a focus on premium adequacy as rate drops accelerate...</p>Mon, 18 May 2026 04:41:49 GMTAllianz reports record first-quarter P&C profithttps://www.insurancenews.com.au/international/allianz-reports-record-first-quarter-p-and-c-profithttps://www.insurancenews.com.au/international/allianz-reports-record-first-quarter-p-and-c-profit<p>Allianz delivered a 6.6% increase in profit to &euro;4.5 billion ($7.27 billion) in the first quarter, driven by strong results in property and casualty and its asset management division...</p>Mon, 18 May 2026 04:41:41 GMTAlternative reinsurance capital here to stayhttps://www.insurancenews.com.au/international/alternative-reinsurance-capital-here-to-stayhttps://www.insurancenews.com.au/international/alternative-reinsurance-capital-here-to-stay<p>Alternative capital sources such as catastrophe bonds and sidecars are reshaping global reinsurance and now account for almost 20% of the market, according to Guy Carpenter...</p>Mon, 18 May 2026 04:41:33 GMTZurich reports strong start to yearhttps://www.insurancenews.com.au/international/zurich-reports-strong-start-to-yearhttps://www.insurancenews.com.au/international/zurich-reports-strong-start-to-year<p>Zurich&rsquo;s gross written premium from property and casualty business rose 17% in the first quarter to $US15.6 billion ($21.5 billion)...</p>Mon, 18 May 2026 04:41:26 GMTTalanx secures record profit as cat losses drophttps://www.insurancenews.com.au/international/talanx-secures-record-profit-as-cat-losses-drophttps://www.insurancenews.com.au/international/talanx-secures-record-profit-as-cat-losses-drop<p>Talanx made a record quarterly net income of &euro;774 million ($1.25 billion) in the three months to March, up 28% year on year...</p>Mon, 18 May 2026 04:41:15 GMTNew Axa team focuses on threat preventionhttps://www.insurancenews.com.au/international/new-axa-team-focuses-on-threat-preventionhttps://www.insurancenews.com.au/international/new-axa-team-focuses-on-threat-prevention<p>Axa XL has launched a business unit for prevention services, led by global chief underwriting officer Libby Benet...</p>Mon, 18 May 2026 04:41:03 GMTMarket on the turn after record year for reinsurershttps://www.insurancenews.com.au/international/market-on-the-turn-after-record-year-for-reinsurershttps://www.insurancenews.com.au/international/market-on-the-turn-after-record-year-for-reinsurers<p>Reinsurers enjoyed record profitability last year, but the market is turning in favour of buyers, according to Gallagher Re...</p>Mon, 11 May 2026 04:07:14 GMT