Archive

  • Billion-dollar insured cat loss events reached record high in 2023

    23 January 2024

    Aon says severe convective storm events were the largest contributor to insured cat losses in 2023

  • Sompo faces executive shake-up after fraud hits motor outsourcing partner

    23 January 2024

    Multiple Japanese motor insurers used Bigmotor for claims repairs

  • Cyber spies track down and reveal identity of Medibank hacker

    23 January 2024

    Australia, US and UK collaborate to name Aleksandr Ermakov as responsible

  • Japan's life and health insurers deliver relief to earthquake-hit customers

    18 January 2024

    Firms' waivers extend from payment deadlines to daily exercise requirements

  • India's insurance market set to grow amidst heightened natcat exposure

    16 January 2024

    Swiss Re forecasts India's insurance sector to be the fastest growing of all G20 countries

  • Japanese regulator targets Sompo Japan on price fixing

    16 January 2024

    Fallout from scandal has rocked local insurance market

  • Faulty IT settings on Chubb system triggers customer data warnings in Japan

    15 January 2024

    Agents had unauthorised access to policyholder details

  • Insured natcat losses drop $30bn in 2023, despite on trend $250bn disaster toll

    09 January 2024

    Once again North America recorded the highest losses worldwide, according to Munich Re

  • KCC estimates Japan earthquake insured losses at $6.4bn

    05 January 2024

    AM Best has said it expects the event to have a limited credit ratings impact for major domestic non-life insurers

  • Australian insurers emphasise role of reinsurance, as wild weather thumps east coast

    04 January 2024

    Stabilising global reinsurance markets let IAG buy more cover than it expected