News

  • Direct Line rejects improved bid from Ageas

    13 March 2024

    Second proposal adds just 3% to first bid, says UK insurer

  • Australian insurance council backs government climate risk assessment and reiterates need for action

    13 March 2024

    Government report warns of insurers withdrawing coverage from parts of country due to climate change

  • Insurance crisis is a significant source of US inflation, says Fed chair

    13 March 2024

    Powell says rising insurance costs and coverage gaps cannot be controlled by regulations

  • FWD profits rise 27% in 2023 as Chinese mainland buyers return

    13 March 2024

    Reinsurance by Japanese unit also benefitted group last year

  • Breakeven is best Asia's reinsurers can hope for underwriting in 2024, predicts S&P Global

    13 March 2024

    Rating agency predicts more regular reviews of underwriting assumptions in future

  • P&C growth powers Generali to record net profit for 2023

    12 March 2024

    The P&C operating result grew by nearly 16% year on year

  • Irish consumer protection code update proposes explicit insurance opt-ins

    12 March 2024

    The Central Bank of Ireland has launched a consultation to modernise the code

  • Nature is a natural fit for insurers but comes with difficulties, says Zurich director

    12 March 2024

    Zurich would like a biodiversity alliance, "but please not tomorrow"

  • Warning that climate change may drive pullout of insurers from Australia

    12 March 2024

    The Australian government noted the scenario in its inaugural climate risk assessment report

  • Japanese non-life firms to avoid major financial fallout from motor scandal

    12 March 2024

    S&P Global Ratings assesses the outlook and trends shaping Japan's insurance sector