Archive

IAG attributes A$49m cut in natcat allowance to government reinsurance

Australian non-life group joined the Cyclone Reinsurance Pool from October

US P&C combined ratios tick up in 2023 on climate woes

Insurers will continue increasing homeowner rates in 2024, Moody's says

Sompo plans corporate governance overhaul after Bigmotor fraud scandal

Japanese group has spelled out its reform plans to investors

Brickbats rain down on Australia's property insurers at parliamentary investigation

Politicians suggested Australia's insurers had only themselves to blame for a humiliating grilling over responses to 2022's flooding. But insurers said constructing homes in flood plains is not exactly helping, as David Walker reports

WTW upgrades US coral reef insurance programme

Tokio Marine expects JPY 4bn gross costs from Noto Peninsular earthquake

Business improvement plan to be submitted by 29 January

MS&AD reveals its remedial measures after price fixing scandal

Group's adjusted net income by Q3 has almost reached full-year predictions

Noto Peninsular earthquake likely to trigger $5.3bn insured losses, says Global Data

AM Best flags possible reinsurance rate hikes in April renewals

AM Best flags further worsening in cost and availability for Californian property cover

Using historic data for pricing increasingly "unwise" as new climatic paradigm emerges

North Carolina turns down 42.2% insurer rate hike request

Rate demand excessive and unfairly discriminatory, says insurance commissioner