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Asia-Pacific & Australasia

Chubb

Chubb’s Q1 profit falls on California wildfires losses

Insurer Chubb Ltd. reported a 38% fall in first-quarter profit on Tuesday, as catastrophe losses from the California wildfires weighed...
drought

World Bank eyes first drought bond in next 12-18 months

The World Bank is looking to issue its first drought bond in the next 12 to 18 months and broaden...
QBE

QBE introducing cyber insurance product

QBE Insurance Group Ltd. Tuesday said it would offer QCyberProtect to provide global coverage for losses arising from current and...
Top 10 OB

Top 10 Off Beats from May

The truth about lying on insurance applications leads the way in May....
plane

Allianz is lead insurer for Singapore Airlines plane: Sources

Allianz is the lead insurer for the Singapore Airlines plane that hit severe turbulence Tuesday that left one person dead...
Baltimore

Risks from larger ships, power blackouts back in spotlight: Allianz

The collapse of Baltimore's Francis Scott Key Bridge after it was hit by the container ship Dali has put the...
Singapore Airlines

Injured passengers on Singapore Airlines face varied compensation

Passengers injured by severe turbulence on a Singapore Airlines flight on Tuesday are likely eligible for compensation, but the amount...
David Beckham

Soccer legend’s team calls foul over counterfeit marketplace

British soccer star David Beckham's clothing and accessories line is hoping to score millions from nearly 500 sellers of counterfeit...
Adriana Scherzinger

Zurich appoints Adriana Scherzinger group head of captives

Adriana Scherzinger will take up the role of group head of captives for Zurich Insurance Group Ltd., effective Sept. 1....
Eamonn Cunningham

RIMS Goodell award winner urges more promotion of risk management

Risk managers should elevate risk awareness and endeavor to become part of the overall decision-making process within their organizations, a...
Bridge collapse

Viewpoint: Bridge investigation critical

The collapse of the Francis Scott Key Bridge in Baltimore on March 26 after it was hit by a container...
rising chart

US insurance price hikes steady; global increases slow

Average insurance rate increases in the United States rose 3% in the first quarter, the same as in the fourth...
bridge

FBI opens criminal probe into deadly Baltimore bridge collapse

The FBI has opened a federal criminal investigation into the deadly collapse of a Baltimore bridge last month when a...
M&A

Perspectives: Reps and warranties insurance market poised for growth

Recent market signals have deal-makers optimistic that there will be an upswing in mergers and acquisitions activity this year....
climate risk

Aon unveils climate risk tool

Aon PLC on Thursday announced the launch of its Climate Risk Monitor, a tool that helps businesses visualize and understand...
M&A

Global insurance sector M&A activity down sharply in 2023

Mergers and acquisitions in the insurance sector declined sharply to 346 deals globally last year, down from 449 in 2022,...
Claire Burrell

Gallagher announces global facultative reinsurance exec changes

Arthur J. Gallagher & Co. Wednesday said it is establishing new hubs in Singapore and Sydney for its global facultative...
resilience

New York, L.A. atop list of world’s most resilient cities

New York and Los Angeles top a list of the world's 25 most resilient cities in a report Monday from...
cat

Cat insured losses in 2023 exceed long-term average by 31%: Aon

Insured losses from natural catastrophes and climatic events totaled $118 billion in 2023, 31% above the long-term average, according to...
Chubb

Chubb’s Q1 profit falls on California wildfires losses

Insurer Chubb Ltd. reported a 38% fall in first-quarter profit on Tuesday, as catastrophe losses from the California wildfires weighed...
drought

World Bank eyes first drought bond in next 12-18 months

The World Bank is looking to issue its first drought bond in the next 12 to 18 months and broaden...
QBE

QBE introducing cyber insurance product

QBE Insurance Group Ltd. Tuesday said it would offer QCyberProtect to provide global coverage for losses arising from current and...
Top 10 OB

Top 10 Off Beats from May

The truth about lying on insurance applications leads the way in May....
plane

Allianz is lead insurer for Singapore Airlines plane: Sources

Allianz is the lead insurer for the Singapore Airlines plane that hit severe turbulence Tuesday that left one person dead...
Baltimore

Risks from larger ships, power blackouts back in spotlight: Allianz

The collapse of Baltimore's Francis Scott Key Bridge after it was hit by the container ship Dali has put the...
Singapore Airlines

Injured passengers on Singapore Airlines face varied compensation

Passengers injured by severe turbulence on a Singapore Airlines flight on Tuesday are likely eligible for compensation, but the amount...
David Beckham

Soccer legend’s team calls foul over counterfeit marketplace

British soccer star David Beckham's clothing and accessories line is hoping to score millions from nearly 500 sellers of counterfeit...
Adriana Scherzinger

Zurich appoints Adriana Scherzinger group head of captives

Adriana Scherzinger will take up the role of group head of captives for Zurich Insurance Group Ltd., effective Sept. 1....
Eamonn Cunningham

RIMS Goodell award winner urges more promotion of risk management

Risk managers should elevate risk awareness and endeavor to become part of the overall decision-making process within their organizations, a...
Bridge collapse

Viewpoint: Bridge investigation critical

The collapse of the Francis Scott Key Bridge in Baltimore on March 26 after it was hit by a container...
rising chart

US insurance price hikes steady; global increases slow

Average insurance rate increases in the United States rose 3% in the first quarter, the same as in the fourth...
bridge

FBI opens criminal probe into deadly Baltimore bridge collapse

The FBI has opened a federal criminal investigation into the deadly collapse of a Baltimore bridge last month when a...
M&A

Perspectives: Reps and warranties insurance market poised for growth

Recent market signals have deal-makers optimistic that there will be an upswing in mergers and acquisitions activity this year....
climate risk

Aon unveils climate risk tool

Aon PLC on Thursday announced the launch of its Climate Risk Monitor, a tool that helps businesses visualize and understand...
M&A

Global insurance sector M&A activity down sharply in 2023

Mergers and acquisitions in the insurance sector declined sharply to 346 deals globally last year, down from 449 in 2022,...
Claire Burrell

Gallagher announces global facultative reinsurance exec changes

Arthur J. Gallagher & Co. Wednesday said it is establishing new hubs in Singapore and Sydney for its global facultative...
resilience

New York, L.A. atop list of world’s most resilient cities

New York and Los Angeles top a list of the world's 25 most resilient cities in a report Monday from...
cat

Cat insured losses in 2023 exceed long-term average by 31%: Aon

Insured losses from natural catastrophes and climatic events totaled $118 billion in 2023, 31% above the long-term average, according to...