Fairfax boosts profits following lower cat losses

Earnings up on strong underwriting, but investment results drag


California plans law to tap wildfire insurance, combat costs

Bill announced, as RMS releases new US wildfire model


Lancashire suffers more cat losses but remains profitable in 2018

Reveals shift in group supervisor and tax base to Bermuda


AIG posts over $600m Q4 loss

Rocky financial markets keep US giant in the red


New Zealand reduces insurers' earthquake loss exposure

Rise in coverage limit of public scheme recognises building cost increases, minister says


Axa XL warns of over 700 job cuts

The firm has pledged to “redefine its working processes” following the merger with XL


Q4 catastrophes take toll on Everest Re

Hurricane Michael, Californian wildfires and hailstorms in Australia led to large-scale losses


Argo Group posts 26% rise in 2018 net income

The speciality re/insurer’s combined ratio was 97.9% in 2018 compared to 107.2% for 2017


Australian floods pose reputational risk for insurers

The floods in Townsville, in northeastern Queensland, have triggered 13,560 claims to date


Australia raises its game on wildfire loss models

Ten years ago, Australia suffered one of its worst outbreaks of bushfires that burned 300,000 hectares and took 173 lives. David Walker reports on how wildfire modelling has developed to cope with this increasing threat