
Extreme weather costs in Australia in 2025 hit AUD 1.5bn: ICA
According to new data released by the Insurance Council of Australia (ICA), the February North Queensland floods and ex-Tropical Cyclone Alfred in March have so
According to new data released by the Insurance Council of Australia (ICA), the February North Queensland floods and ex-Tropical Cyclone Alfred in March have so
Bermuda-domiciled re/insurer Hamilton Insurance Group has reported net income of $81 million for the first quarter of 2025, down considerably on the prior year’s $157
In a new market update, Australian insurer Suncorp has disclosed that it incurred natural hazard costs of AUD 1.115 billion in the 10 months to
James River Group Holdings, a Bermuda-domiciled insurance holding company, has reported first quarter 2025 net income of $9 million and adjusted net operating income of
Bermuda-domiciled insurer and reinsurer Everest Group has reported $472 million of pre-tax catastrophe losses, net of recoveries and reinstatement premiums, in the first quarter of
Bermuda-headquartered insurer and reinsurer Arch Capital Group Ltd. has reported an 8.9% increase in group-wide gross premiums written (GPW) to $6.5 billion for the first
With the potential for ‘peak year’ insured losses to exceed $300 billion, the Swiss Re Institute has emphasised that the reinsurance sector, supported by $500
Zurich-domiciled catastrophe insurance data provider, PERILS, has upped the industry loss in its second estimate for extratropical windstorm “Éowyn”, also known as “Gilles”, at €696
Zurich-based catastrophe insurance data provider PERILS AG has issued its initial industry loss estimate for Cyclone Alfred, placing the total insurance market loss at AUD
Reinsurance broker Gallagher Re has estimated that preliminary total insured losses for Q1’25 totalled at least $56 billion, marking the costliest first quarter for the
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