IAG hikes natcat budget by 37% after stormy weather

October storms in South Australia and Victoria add to claims burden


German reinsurers warn of increasing reinsurance prices

Natural disasters and the effects of Covid-19 were cited as key drivers


Hannover Re commits to net-zero underwriting

German reinsurer is one of five new net-zero insurance alliance members


IRC Americas: Covid-19 likely to impact risk culture, not supervision

Risk experts explain how pandemic makes strong risk culture harder to create


Insurance Risk & Capital Americas virtual conference continues today

Three tracks will examine the risk, investment and ESG factors impacting insurers


Flat renewals are no longer feasible, says Hannover Re

German reinsurer continues to explore cyber risk opportunities from SME clients


Munich Re forecasts "mid triple-digit million" losses from Europe's floods

Covid-19-related losses totalled around €505m for the first half of the year


Hannover Re flags up to €250m Euro flood impact amid €7.5bn market losses

German reinsurer facing "high double-digit millions" loss from South African unrest


Country profile: Germany

Europe's third-largest insurance industry has survived the coronavirus pandemic so far, but continues to be plagued by low rates and poor profitability in motor and home cover, as David Walker describes in this special report featuring interviews with BaFin's Frank Grund and GDV's Jörg Asmussen


Covid-19 hits Hannover Re with €950m in P&C claims

But the pandemic had a "helpful" effect for the reinsurer's life and health unit