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Floods lead to doubling of annual insured losses in Australia: ICA
Rising premium income is not keeping pace with the increased cost of claims.
Samuel Casey
,
19 August 2024
Daily Digest: Top news from 19 August
A roundup of all the news you need today, including an insured loss estimate following the cancellation of three Taylor Swift concerts in Vienna.
Insurance Insider team
,
19 August 2024
Suncorp reports reinsurance recoveries of A$135mn
Nat cat events triggered A$1.23bn of losses during the year.
Abbie Day
,
19 August 2024
Rokstone lands capacity from Accredited
The deal covers US and international business.
Rachel Dalton
,
19 August 2024
Ernesto makes landfall in Bermuda, though major damage is limited
The storm made landfall on Saturday as a Category 1 hurricane.
Abbie Day
,
19 August 2024
Lloyd’s writers expected to cut back 2025 top-line ambitions as rates plateau
However, some syndicates are planning more significant growth following hires or strategic shifts.
Fiona Robertson
,
19 August 2024
Five key takeaways from Q2 earnings: Kicking the reserving can down the road
The industry posted another strong quarter, but casualty reserves remain problematic.
Amit Kumar
,
15 August 2024
Insurers should look to cyber for lessons in climate risk: CT commissioner Mais
Commissioner Andrew Mais said AI is also a priority for regulators.
Clark Mindock
,
13 August 2024
Keystone and Howden Re tie-up will focus on Japan quake ILS
The firms’ partnership preceded Japan's first ‘megaquake’ warning.
Jai Singh
,
13 August 2024
SCS is the biggest single cause of natural catastrophe losses in H1
The peril can no longer be considered secondary, according to Gallagher Re.
Ayesha Venkataraman
,
13 August 2024
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