Insurance

South African catastrophes, power woes signal end of cheap insurance

March 30, 2023 04:05 PM AEDT | By Reuters

By Tannur Anders and Promit Mukherjee JOHANNESBURG (Reuters) - Three major jolts in as many years coupled with the once unthinkable possibility of a p...

S.African insurer Discovery's interim profit drops 9% on market vola...

February 23, 2023 05:33 PM AEDT | By Reuters

JOHANNESBURG (Reuters) - South African insurer Discovery Ltd on Thursday posted a 9% drop in interim profit, it said, hurt by higher interest rates an...

U.S. signs up over 16 million people for Obamacare health insurance

January 26, 2023 02:53 AM AEDT | By Reuters

By Ahmed Aboulenein WASHINGTON (Reuters) - More than 16 million Americans signed up for Obamacare health insurance for 2023, a jump of more than 12% o...

Generali completes share buyback of 500 million euros

December 06, 2022 02:03 AM AEDT | By Reuters

MILAN (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...