Marsh tracks slowdown in global Q1 rate hikes
Marsh’s global insurance rate index increased 1% in the first quarter of this year, compared with 2% in Q4 2023,…
Insurers defend Nord Stream’s €400m lawsuit as act of war
Insurers for the Nord Stream gas pipeline damaged by blasts in 2022 have denied coverage in defence of a lawsuit…
Allstate posts nat cat loss of $343m for March
US insurer Allstate incurred a $343m pretax catastrophe loss in March, significantly lower than the same period in 2023. The…
UAE flash flood losses manageable as insurers adapt to changing weather
The recent extreme weather that caused severe flash flooding in the United Arab Emirates (UAE) is expected to prompt swathes…
Generali splits insurance and asset management in restructure
Italian insurer Generali is planning to revamp its insurance and asset management divisions under new CEOs as part of an…
Markel launches professional indemnity solution in Australia
Markel has launched professional indemnity solutions in Australia with localised wordings. The new products are designed primarily for Australian-domiciled businesses,…
Marsh McLennan reports 9% revenue growth for Q1
Marsh McLennan reported $6.47bin in revenue for the first quarter of 2024, a 9.3% increase from the same period last…
German SMEs record rise in cyberattacks, reveals HDI poll
More than half of German buyers at small and medium-sized companies experienced a cyberattack last year, according to a survey…
