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ICA declares Christmas storms in Australia a ‘significant event’

Insurers have received more than 7,500 claims related to storms across Queensland, New South Wales and Victoria.

Abbie Day, 27 December 2023
Axis Capital Q3 CoR increases 0.4 points to 93.1% despite cat impact

Pre-tax cat losses were $78mn, or 5.8 points on the Q3 CoR, compared to last year’s $42mn, or 3.2 points.

Kyoung-son Song, 30 October 2024
Cyber market must move beyond ‘stealing business’: Munich Re

Stefan Golling also said Munich Re’s appetite for agg covers was unchanged.

Rebecca Perkins, 07 September 2025
Oneok $930mn downstream claim settlement lower than feared

The settlement is welcome news for the loss-hit downstream market, where there were fears of a claim as high as $1.3bn.

Samuel Casey, 10 January 2023
BMS’s finpro director Harvey exits for Price Forbes

The broker has worked for WTW, Lockton and AJ Gallagher.

Rachel Dalton, 01 July 2024
Skuld doubles positive result to $40mn in H1 with CoR of 90%

The marine insurer said it benefited from benign claims and investment gains.

Samuel Casey, 15 September 2023
IAG reports A$120mn in H1 natural catastrophe claims

The carrier reported an additional A$70mn reinsurance reinstatement because of higher claims.

Aisling Finn, 11 October 2023
Property cat rates up 33% at 1.6: Howden Tiger

Some cedants paid more than 40% increases depending on Florida concentration and Hurricane Ian losses.

Rachel Dalton, 01 June 2023
RMS pegs US private insured losses from Hurricane Nicole at $1.6bn

The modeller also said that losses to the National Flood Insurance Program will likely remain under $300mn.

Marcel Le Gouais, 16 November 2022
NZIA exodus: Fears mount over fragmented routes to net zero

In the aftermath of an exodus from the NZIA, brokers are concerned that fragmented methodologies adopted by carriers to measure insurance emissions could be a "disaster" for insureds.

Marcel Le Gouais, 19 June 2023

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