Global reinsurers delivered strong results in the 2024 with further improvement in underwriting profitability, exceptional ROEs. The underlying underwriting margin increased from 2.7% a year ago to 4% ...

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The Los Angeles wildfires are expected to be a major catastrophic event for the insurance industry. However, analysts indicate that the insurance and reinsurance sector remains well-capitalized to ...

Swiss Re reported strong first-quarter results in both its property & casualty and life & health reinsurance businesses, despite a slight drop in revenue and continued caution in U.S. casualty lines.

The insurance-linked securities (ILS) market reached a record $107bn in capacity by the end of 2024. AM Best Director of ILS Matt Tuite attributes this expansion to strong investor returns, rising ...

Economic losses from natural catastrophes in the EU are rising due to increased economic exposure and the growing severity of climate-related disasters. Between 1981 and 2023, NatCat events caused ...

Aon announced a co-broking agreement with Protecdiv, a minority-owned brokerage, to expand service offerings for U.S. public and private sector clients. The full terms were not disclosed, Aon stated.

Vienna Insurance Group (VIG), based in Austria, has acquired a 48.82% stake in Polish financial broker Phinance. The Polish Office for Competition and Consumer Protection (UOKiK) approved the ...

Employer medical and health insurance costs are higher than they’ve ever been and are increasing at rates that have not been seen in nearly a decade. In 2023, costs were projected to increase by 9.2% ...

Andy Moore – PwC UK Insurance Partner, Lloyd’s and London Market Leader Andy Moore is a Partner at PwC, serving as the Lloyd’s and London Market Leader and head of PwC UK’s Insurance Regulatory team.

The Bloomberg Billionaires Index ranks the world’s richest people globally, updating their net worth daily based on stock market performance, economic conditions. Beinsure Media analyzed Bloomberg’s ...

The pressure on industry to transition comes from a wide range of stakeholders, from governments and nongovernmental organizations (NGOs) to campaign groups and public opinion. The insurance and ...