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Insurance
Swiss Re faces $6.3 million claim over sexism, unfair dismissal
March 30, 2023 04:55 AM AEDT | By ReutersBy Kirstin Ridley LONDON (Reuters) - A former Swiss Re underwriter, who last year won a sex and maternity discrimination and unfair dismissal case, is...
Stop insuring carbon projects 'immediately', NGOs tell CEOs
March 28, 2023 03:23 PM AEDT | By ReutersBy Tom Sims and Simon Jessop FRANKFURT/LONDON (Reuters) - A group of climate activists has called on 30 insurance company CEOs to "immediately" stop u...
Scratched EV battery? Your insurer may have to junk the whole car
March 20, 2023 04:13 PM AEDT | By ReutersBy Nick Carey, Paul Lienert and Sarah McFarlane LONDON/DETROIT (Reuters) - For many electric vehicles, there is no way to repair or assess even slight...
Factbox-Cyclone Freddy among Africa's deadliest storms
March 16, 2023 12:30 AM AEDT | By ReutersJOHANNESBURG (Reuters) - Cyclone Freddy has killed more than 270 people in southern Africa since it first made landfall last month, making it one of t...
Factbox-Why is Cyclone Freddy a record-breaking storm?
March 15, 2023 02:50 AM AEDT | By ReutersBy Nellie Peyton JOHANNESBURG (Reuters) - Tropical cyclone Freddy hit the coast of southern Africa for a second time over the weekend, bringing its to...
Aircraft lessors, insurers jostle in UK court over stranded jets in...
March 14, 2023 02:22 AM AEDT | By ReutersBy Kirstin Ridley and Sam Tobin LONDON (Reuters) - AerCap, the world's biggest aircraft lessor, said on Monday it was inconceivable that it would not...
Australia's Medibank posts profit, policyholder growth; shares jump
February 23, 2023 06:09 PM AEDT | By ReutersBy Harish Sridharan (Reuters) - Medibank Private Ltd, Australia's top health insurer, reported a bigger-than-expected rise in first-half profit on Thu...
Australia's Medibank profit beats view as foreign students, workers...
February 23, 2023 02:48 PM AEDT | By Reuters(Reuters) - Medibank Private Ltd on Thursday beat profit estimates for the first half of fiscal 2023, as its international business received a boost f...
Australia's Medibank slapped with class action over cyber incident
February 07, 2023 07:25 PM AEDT | By Reuters(Reuters) - Australian health insurer Medibank Private Ltd said on Tuesday a class action suit had been filed against it over last year's cybercrime i...
U.S. signs up over 16 million people for Obamacare health insurance
January 26, 2023 02:53 AM AEDT | By ReutersBy Ahmed Aboulenein WASHINGTON (Reuters) - More than 16 million Americans signed up for Obamacare health insurance for 2023, a jump of more than 12% o...
Natural disasters caused $313 billion economic loss in 2022 - Aon
January 25, 2023 08:38 PM AEDT | By Reuters(Reuters) - Natural disasters, many driven by climate change, caused global economic losses of $313 billion in 2022, insurance broker Aon estimated on...
Hurricanes and floods bring $120 billion in insurance losses in 2022
January 10, 2023 07:20 AM AEDT | By ReutersBy Tom Sims and Alexander Hübner FRANKFURT/MUNICH (Reuters) - Hurricane Ian in the United States and floods and Australia helped to make 2022 one of t...
Global natural catastrophe insurance losses seen at $112 billion for...
December 30, 2022 08:48 PM AEDT | By ReutersLONDON (Reuters) - Global insurance losses for natural catastrophes are projected to reach $112 billion in 2022, reinsurance broker Guy Carpenter said...
Insurers shun FTX-linked crypto firms as contagion risk mounts
December 20, 2022 07:17 AM AEDT | By ReutersBy Noor Zainab Hussain and Carolyn Cohn (Reuters) - Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX...
Review ordered on insurance premium rises
December 08, 2022 10:31 AM AEDT | By AAPNEWSFinancial watchdogs have ordered life insurance companies to review their premium increases following customer concerns about price rises.
Ex-ANZ unit rejected claim in 'bad faith'
December 08, 2022 09:49 AM AEDT | By AAPNEWSFormer ANZ subsidiary OnePath failed to inform a consumer of her rights when rejecting an allegedly fraudulent insurance claim, ASIC has said.
Generali completes share buyback of 500 million euros
December 06, 2022 02:03 AM AEDT | By ReutersMILAN (Reuters) - Italy's top insurer Assicurazioni Generali said on Monday it had repurchased 500 million euros ($528 million) worth of its shares, c...
Italy's Banco BPM picks Credit Agricole for non-life insurance talks
November 30, 2022 06:28 AM AEDT | By ReutersMILAN (Reuters) - Banco BPM has picked its top investor Credit Agricole to start exclusive talks over a non-life insurance partnership, Italy's third-...
QBE warns of $100m catastrophe blowout
November 21, 2022 01:16 PM AEDT | By AAPNEWS<p>QBE expects to exceed its catastrophe allowance by around $100 million this year as the war in Ukraine and extreme weather events cause elevated cl...
Factbox-COP27: Counting the rising cost of climate disasters
November 16, 2022 10:16 PM AEDT | By Reuters(Reuters) - Climate change has raised the cost of natural disasters, as rising sea levels and drought increase the frequency and severity of flooding...
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