Insurance Insider | Slipcase – (re)insurance industry news

The Insurance Insider is relied upon by senior industry figures and investors for its insight & intelligence. Key trends are identified and analysed, tomorrow's news is broken today and the world's events and losses are dissected for what impact they will have on the industry, its balance sheets and share prices.

Reports put average Hagibis loss at $8.75bn and Faxai at $6.75bn

Four 2019 catastrophe loss reports put the mean insured losses from typhoons Hagibis and Faxai at $8.75bn and $6.75bn respectively...

Insurance Insider / Article / 14 hours ago
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Claims & Losses

Opinion: Being boiled

Attritional cat losses risk blindsiding carriers and jeopardising reinsurance...

Insurance Insider / Article / 15 hours ago
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Claims & Losses

AIG leads Kobe Bryant crash aviation policy

American International Group (AIG) is the lead insurer on risk for an aviation insurance policy set to respond after a helicopter carrying champion NBA...

Insurance Insider / Article / 21 hours ago
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Aerospace

ICA pegs Australian bushfires insured losses at $1.13bn

Bushfires that have raged across Australia since early November are likely to cost the insurance industry at least A$1.65bn ($1.13bn) in claims, according to the Insurance Council of Australia...

Insurance Insider / Article / 2 days ago
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Claims & Losses

Australian hailstorm claims rise to $353mn: ICA

The cost of recent hailstorms in Australia has reached A$514mn ($353mn) after the Insurance Council of Australia (ICA) lifted its estimate by more than A$100mn in a day...

Insurance Insider / Article / 6 days ago
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Claims & Losses

ProAssurance discloses $37mn Q4 reserve charge from healthcare claims

Alabama-headquartered ProAssurance is anticipating a charge of about $37mn from adverse claims development during the fourth quarter of 2019...

Insurance Insider / Article / 6 days ago
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Accident & Health / Contingency

Boeing and space losses push aviation into red for 2019: AJ Gallagher

Last year was one of the most challenging years in aviation insurance history and claims are once again likely to exceed global premium income, according to AJ Gallagher...