The recent wildfires in the Los Angeles area are expected to cost property and casualty (P&C) insurers billions of dollars due to extensive damage to residential and commercial properties.

Legal firm Herbert Smith Freehills and brokerage Lockton Australia have shared insights on the evolving insurance landscape ...

Gallagher Australia has highlighted the potential implications of new federal cybersecurity legislation, which mandates ...

The casualty insurance market exhibited mixed trends, with some segments softening while others remained under pressure.

The insurance industry is not for the faint of heart – climate change, evolving technologies, and increasingly stringent ...

Insurance brokers form an essential part of Australia’s insurance industry. According to the National Insurance Brokers ...

Reinsurance Group of America (RGA) reported fourth-quarter net income available to shareholders of US$148 million, or US$2.22 ...

AM Best has revised the outlooks to positive from stable for IAT Reinsurance Company Ltd. (IAT Re) and the members of Harco ...

The Allstate Corporation released its financial results for the fourth quarter of 2024, reporting consolidated revenues of ...

Specialist re/insurance broker Miller has identified key business and regulatory risks shaping the legal sector in 2025, ...

Bupa has taken steps to reduce its reliance on disposable materials, including replacing plastic medicine cups with stainless ...

The firm noted that while strong reinsurance programs will help mitigate potential losses, the increasing frequency and ...