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Insurance
Munich Re won't extend Nord Stream 1 coverage when it expires this y...
April 06, 2023 08:53 PM AEST | By ReutersFRANKFURT (Reuters) - Munich Re will not proactively extend coverage for the Nord Stream 1 pipeline when it expires later this year, a spokesperson to...
Allianz does not intend to renew Nord Stream 1 policy
April 06, 2023 02:45 AM AEST | By ReutersFRANKFURT (Reuters) - Insurer Allianz said on Wednesday it does not intend to renew a policy for the Nord Stream 1 project when it expires in late 202...
Exclusive-German insurers renew cover for blast-damaged Nord Stream...
April 04, 2023 03:08 PM AEST | By ReutersBy Jonathan Saul, Carolyn Cohn, Christoph Steitz and John O'Donnell LONDON/FRANKFURT (Reuters) - German insurers Allianz and Munich Re have renewed co...
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...
Lloyd's of London swings to 2022 pre-tax loss
March 23, 2023 06:07 PM AEDT | By ReutersFRANKFURT (Reuters) - Lloyd's of London swung to a pre-tax loss in 2022 and took writedowns on its fixed-income investments, it said on Thursday. The...
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...
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...
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...
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...
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...
Zurich Insurance to move holding company from Ireland due to Brexit
November 18, 2022 05:00 AM AEDT | By ReutersLONDON, Nov 17 (Reuters) - Zurich Insurance plans to shift its European Economic Area holding company to Germany from Ireland following Britain's depa...
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...
Swiss Life fee income rises 7% in first nine months of 2022
November 09, 2022 05:11 PM AEDT | By ReutersZURICH, Nov 9 (Reuters) - Swiss Life increased its fee income by 7% in the first nine months of 2022, Switzerland's biggest life insurer said on Wedne...
Munich Re firmly sticks to 2022 target after quarterly profit rise
November 09, 2022 04:49 AM AEDT | By ReutersFRANKFURT (Reuters) - Munich Re on Tuesday said it posted a 44% rise in net profit in the third quarter, despite big claims from Hurricane Ian, and it...
French insurer Axa posts a 2% rise in nine-month revenue
November 03, 2022 03:47 AM AEDT | By ReutersPARIS, Nov 2 (Reuters) - Axa on Wednesday said its revenue in the first nine months of the year increased by 2% and estimated it would have to pay out...
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