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AM Best maintains stable outlook for Japanese non-life insurers
Japan’s macroeconomic environment could impact the profitability of insurers in the next year, AM Best said.
Aisling Finn
,
31 January 2024
Number of $1bn+ insured cat losses hits all-time high in 2023: Aon
The broker’s latest climate report tallied global insured cat losses at $118bn.
Rachel Dalton
,
23 January 2024
Insider On Air
Live from the PwC Insurance Summit: AI's Growing Impact on the Insurance Sector
AXA XL’s CUO for Bermuda, Noel Pearman, shares how AI is transforming insurance operations, enhancing client offerings, and opening doors to new business opportunities.
19 November 2024
Brit shrinks casualty business in Q3 but other Fairfax units drive global top-line growth
Brit’s combined ratio shed 23.4 points to return to a profitable 94%.
Fiona Robertson
,
03 November 2023
Italian severe convective storm insured loss to surpass $3bn
Sources are now seeing estimates far in excess of Cresta’s $2.2bn October tally.
Rachel Dalton
,
06 November 2023
Howden hails flat renewal as ‘stability rewards clients and reinsurers’
Property cat and casualty pricing remain steady following chaotic 2023 renewal, with global cat rates rising 3%.
Rachel Dalton
,
02 January 2024
Parsyl increases cargo capacity to $55mn
The Essential Consortium is a specialised cargo consortium for perishables launched in April 2023.
Abbie Day
,
09 January 2024
Rates had minimal impact on WTW’s results: Hess
The global market is stabilising and softening, and casualty and specialty lines are generally stable, the CEO said.
Abbie Day
,
31 October 2024
Milton track shifting northward towards Tampa: NHC update
A hurricane warning has been issued for the east coast of Florida.
Ayesha Venkataraman
,
08 October 2024
San Bernadino wildfires threaten more than 35,000 structures
Storm-like conditions caused by heat have led to “very erratic behaviour” on the so-called Line Fire.
Abbie Day
,
09 September 2024
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