CRESTA index says Aus floods world’s worst 2022 loss outside US
“In most years, losses from Europe and Asia dominate the CLIX Loss List for non-US losses,” said Matthias Saenger (pictured...
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Malaysian garments firm denies insurance fraud behind store fires
A major textile company in Malaysia has denied allegations that insurance fraud was behind the fires that burned...
Beazley launches hybrid event cancellation coverage
Specialist insurer Beazley has announced the launch of hybrid event cancellation coverage for US companies. While sporting events,...
Beazley unveils market’s first ever cyber catastrophe bond
The bond is backed by a panel of ILS investors, including Fermat Capital Management. It was structured and placed by...
Top risks for life sciences sector revealed – report
For the study, WTW polled 600 industry leaders in the health and life sciences sector. Participants were asked to rank...
HDI Global SE announces senior appointment for Western Australia
Industrial lines insurer HDI Global SE (HDI) has appointed Johannes De Wet as the new senior engineering underwriter...
Policies not triggered, state insurers in Dubai Aerospace Enterprise case
Insurers of aircraft lessor Dubai Aerospace Enterprise (DAE) insist the latter isn’t eligible for compensation. The 11 defendants...
Environmental insurance gap warning as California faces storms
At least 17 people have died after a parade of atmospheric rivers slammed into California, causing what the governor’s office...
Top 10 global insurers – ratings agency reveals line-up
According to the list, UnitedHealth came out on top for the eighth straight year by managing to grow its net...
Intact Financial unveils Q4 2022 catastrophe loss estimate
Intact Financial Corporation has revealed its estimated catastrophe losses for the fourth quarter of 2022, pegged at about...
