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Tropical storm Hilary wreaks havoc in southern California
21 August 2023Hilary made landfall on the coast of Mexico yesterday and around 26m people are now under flood warnings
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IAG oversteps natcat budget again, boosts next allowance by 26%
21 August 2023One-fifth of premiums now covering reinsurance costs and perils allowance
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US flood market topped $4bn in 2022 as private insurance share grows
18 August 2023Private insurers now 32% of market as NFIP challenges continue, says the Insurance Information Institute
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H1 bulk annuity volumes surpass £20bn
18 August 2023The volumes exceed the previous record of £17.6bn set in 2019
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Geoff Gittins becomes Manulife Asia CRO after Aravind Srinivas departure
18 August 2023Srinivas returned to Munich Re for a second spell earlier this week
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Aegon gives shareholders more control in Bermuda bid
18 August 2023Owners will vote in September on proposal to move Dutch group's regulatory seat
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Allstate settles $90m fraud allegation lawsuit
18 August 2023Shareholders allege insurer reduced underwriting standards to increase growth
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InsuranceERM's Climate Risk & Sustainability awards 2023
18 August 2023The global awards are free to enter and open to re/insurers, consultants and service providers
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Vesttoo claims "external" source of collateral fraud
17 August 2023The firm said its investigation is in advanced stages
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Oliver Wyman forms UK actuarial practice with former Aon tech chief as head
17 August 2023Colin Forrest will serve as partner and UK actuarial leader