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Planning reform fuels Flood Re fears

Mon, 16 Mar 2026 03:50:44 GMT

A proposed change to planning rules in England could raise property risks and increase the likelihood the Flood Re scheme will not end on schedule, insurers and other groups have warned...

UK insurer fined for overstating solvency

Mon, 16 Mar 2026 03:18:29 GMT

Britain’s Prudential Regulation Authority has hit UK Insurance Limited with a £10.63 million ($20.12 million) fine after it miscalculated solvency balance sheets in 2023 and 2024...

OECD calls for catastrophe loss backstops

Mon, 16 Mar 2026 03:18:20 GMT

Governments worldwide should increase financial support alongside insurers amid rising pressure from major loss events, according to a report from the Organisation for Economic Co-operation and Development...

Chubb backs US maritime reinsurance scheme

Mon, 16 Mar 2026 03:18:09 GMT

Chubb has been named as the lead underwriter for the $US20 billion ($28.71 billion) reinsurance plan to cover maritime losses in the Persian Gulf region...

Marsh Risk makes leadership changes

Mon, 16 Mar 2026 03:17:58 GMT

Marsh Risk says Nick Studer will become CEO and president from next month...

US provides maritime reinsurance ‘to get oil flowing again’

Mon, 09 Mar 2026 02:24:11 GMT

The US has announced a $US20 billion ($28.71 billion) reinsurance plan to cover maritime losses in the Persian Gulf region, as the conflict with Iran enters its second week...

Zurich edges closer to Beazley buyout

Mon, 09 Mar 2026 02:24:00 GMT

Zurich will proceed with its acquisition of Beazley after the pair agreed terms following a preliminary deal last month on a revised £8.1 billion ($15.3 billion) cash offer...

US storms keep insurer cat costs high

Mon, 09 Mar 2026 02:23:48 GMT

Thunderstorms were the costliest peril for insurers last year, driven by high-severity severe convective storms in the US, according to Aon’s annual Climate and Catastrophe Insight...

Quiet hurricane season a blow for Crawford & Co

Mon, 09 Mar 2026 02:23:24 GMT

Crawford & Company reported a profit of $US19.6 million ($27.69 million) last year, down 26% despite record-breaking revenue from international operations and its Broadspire workers’ compensation business...

Axa XL warns on ‘unique risk’ of data centres

Mon, 09 Mar 2026 00:17:12 GMT

The growth of data centres is prompting reinsurers to demand improved protection and engineering solutions to address evolving risks, according to a report from Axa XL...

Iran conflict stirs marine underwriters into action

Mon, 02 Mar 2026 04:10:08 GMT

Marine war risk underwriters have reacted quickly to the military strikes in the Middle East, according to Aon...

CEOs failing to plan for global upheaval, Marsh finds

Mon, 02 Mar 2026 03:56:58 GMT

A Marsh political risk report warns geopolitical shifts are leading to “unprecedented” complexity with implications for businesses...

Gallagher Re shakes up regional leadership

Mon, 02 Mar 2026 03:56:51 GMT

Gallagher Re has appointed Roshan Perera as Asia-Pacific head and Richard Jones as regional chairman...

Catastrophe outcome lifts Swiss Re

Mon, 02 Mar 2026 03:56:44 GMT

Swiss Re’s earnings increased last year after the property and casualty division benefited from lower than expected natural catastrophe costs and a solid investment result...

Munich Re beats guidance in ‘pivotal year’

Mon, 02 Mar 2026 03:56:35 GMT

Munich Re posted a 7.6% rise in net income to €6.12 billion ($10.16 billion) last year, exceeding its €6 billion ($9.96 billion) guidance...

‘Consistently strong’: S&P lifts view on WR Berkley

Mon, 02 Mar 2026 03:56:24 GMT

S&P Global Ratings has upgraded its assessment of WR Berkley and says the insurer’s decentralised business model enabling rapid responses to shifting market conditions supports strong profitability...

Five held as police bust ‘spoof car insurance’ ring

Mon, 02 Mar 2026 03:56:07 GMT

Police have arrested five men allegedly linked to a network that sold fraudulent motor insurance certificates to thousands of drivers in Britain...

Bad weather drives record UK property claims

Mon, 23 Feb 2026 03:37:54 GMT

Property claims cost UK insurers a record £6.1 billion ($11.63 billion) last year, according to the industry’s peak body...

‘Sting jet’ storm losses to top $770 million

Mon, 23 Feb 2026 03:37:38 GMT

Insured losses from Extratropical Windstorm Goretti will reach €467 million ($776 million), Perils estimates, making it the biggest European windstorm event of the 2025-26 season...

HDI Global goes for growth in US market, specialty lines

Mon, 23 Feb 2026 03:37:06 GMT

Corporate and specialty insurer HDI Global says it will focus on expansion in North America, southeast Asia and the Middle East...