insuranceNEWS.com.au - International

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...

Hybrid deals appeal to insurers

Mon, 03 Aug 2026 04:13:09 GMT

Insurers are increasingly considering minority investments, strategic partnerships and other hybrid pathways as an alternative to full acquisitions, Aon says...

‘Bigger not always better’ in data centre market

Mon, 03 Aug 2026 04:12:50 GMT

Willis has urged data centre owners and investors to rethink their approach to insurance, warning many may be buying more cover than their risk exposure warrants...

Analytics, capital solutions drive Aon profits

Mon, 03 Aug 2026 04:12:28 GMT

Aon increased net profit by 14% to $US1.5 billion ($2.2 billion) in the June half...

Gallagher earnings rise in ‘excellent’ Q2

Mon, 03 Aug 2026 04:12:19 GMT

Gallagher has reported adjusted net earnings of $US734 million ($1.04 billion) for the June quarter, up from $US604 million ($857 million) a year earlier...

US storms drive first-half insured losses

Mon, 03 Aug 2026 04:12:10 GMT

First-half natural disasters caused losses of nearly $US112 billion ($159 billion), with about $US44 billion ($62.1 billion) covered by insurers, according to a Munich Re global tally...

AI use ‘moves beyond experimentation’

Mon, 03 Aug 2026 04:11:59 GMT

Insurers are starting to use AI for product development, customer service and claims management as understanding of the technology increases, according to GlobalData...

Neal focused on next career move

Mon, 27 Jul 2026 04:50:54 GMT

Former Lloyd’s CEO John Neal says he does not accept findings against him and is focused “solely on what’s next” in his career...

FM calls for risk response as AI surge strains power producers

Mon, 27 Jul 2026 04:50:45 GMT

Power generators are failing to adequately manage risks as soaring electricity demand driven by AI data centres piles pressure on ageing infrastructure, according to insurer FM...

Industry momentum may prove short-lived: Bain

Mon, 27 Jul 2026 04:50:35 GMT

Global insurers enjoyed more strong premium growth and improved profitability last year, but the gains are cyclical and risk disguising longer-term structural weaknesses, according to Bain & Company...

Drop in cat losses ‘obscures climate risk patterns’

Mon, 27 Jul 2026 04:50:27 GMT

An above-average number of catastrophe events occurred in the first half of this year, but global losses were down on previous years, an Aon report shows...

Marsh welcomes ‘solid’ Q2 performance

Mon, 27 Jul 2026 04:50:16 GMT

Marsh increased profit by 4.5% to $US1.67 billion ($2.38 billion) in the second quarter, which president and CEO John Doyle says is a solid result in a dynamic environment...

Low losses lift Munich Re result

Mon, 27 Jul 2026 04:50:03 GMT

Munich Re’s net profit hit €2.2 billion ($3.59 billion) in the second quarter, helped by “very low” major loss costs in property and casualty reinsurance...

Chubb profit jumps despite soft market

Mon, 27 Jul 2026 04:49:53 GMT

Chubb says global diversification contributed to a strong half-year result, as it reported a 20% increase in profit to $US5.17 billion ($7.4 billion) for the six months to June 30...

Cyber ‘at crossroads’ as demand climbs, prices fall

Mon, 20 Jul 2026 04:27:43 GMT

The cyber insurance market needs rate increases to preserve profitability, according to S&P...

Euro commissioners wave through Zurich-Beazley deal

Mon, 20 Jul 2026 04:27:33 GMT

The European Commission has approved Zurich’s acquisition of Beazley...

Private credit a ‘compelling opportunity for insurers’

Mon, 20 Jul 2026 04:27:19 GMT

An international survey of insurance investors has revealed that while appetite for private credit is growing, it is tempered by restraint...

Peril losses down but risks ‘evolving’

Mon, 20 Jul 2026 04:26:55 GMT

Global natural catastrophe insured losses of $US46 billion ($65 billion) in the first half of the year were 28% below the 10-year average, a Gallagher Re report shows...