Australian hailstorms cost IAG A$169m

Bushfires and discount errors also expected to dent Australian non-life insurer


China's coronavirus outbreak could hit insurers severely

Insurance experts talk to Ronan McCaughey about the mortality, operational and economic losses the deadly virus poses for the re/insurance industry


Hong Kong's PICC P&C predicts net profit jump up to 60%

PICC P&C renews ceding arrangement with PICC Re amid positive outlook for region's reinsurers


Axis expects nat cat losses of $140m in Q4 2019

Typhoon Hagibis the main contributor to losses


Australia bushfire insured losses edge A$1.5bn

General insurers promise to pass on savings from a bushfire clean-up plan


Scor digitalises internal finance function with Accenture

Automation has reduced the reinsurer's administrative burden


Chubb signals lower Q4 catastrophe losses

The re/insurer expects catastrophe losses for Q4 2019 to be 30% lower year on year


Middle East tensions force re/insurers to raise prices

Period of 'disorder and unrest' will push insurers to exit certain lines, says lawyer


RenRe taps capital markets to extend Beazley's cyber cat cover

The partnership follows an increase in the scale of the cyber threat


IAG blows perils budget as bushfires keep devouring Australia

P&C insurers receive nearly 6,000 claims, figures expected to climb significantly