Content from L.S. Howard
Swiss Re Tops List of Largest Reinsurers on Its Shift to IFRS-17 Accounting: AM Best
Swiss Re tops the list of the world's 50 largest reinsurers as a result of its adoption of the IFRS-17 accounting standards, which also led to a shuffle among the top-tier reinsurers, according to AM ...
Zurich Insurance Reports Record H1 Profit of $4.2B, Driven by Middle Market, Specialty
Zurich Insurance Group reported some record numbers during the first half: business operating profit (BOP) was up 6 percent to a record $4.2 billion and core return on equity hit a best-ever number ...
Global Insured Losses From Natural Disasters Could Top $150B in 2025: Swiss Re Report
Global insured losses from natural catastrophes hit $80 billion in the first half of 2025, which is almost double the 10-year average between 2015 and 2024 and marks the fifth year in succession when ...
H1 Natural Disasters Had Insured Price Tag of $80B – Driven by U.S. Claims: Munich Re
Natural disasters across the globe cost insurers $80 billion during the first half of 2025, up from $64 billion in H1 2024, according to Munich Re's mid-year natural disaster report. On the other ...
Global Commercial Insurance Rates Drop 4% but Casualty Rates Are Rising: Marsh
Global commercial insurance rates fell 4%, on average, in the second quarter of 2025 following a 3% decline in Q1 2025, according to the latest Global Insurance Market Index released by Marsh, the ...
Excessive Litigation Causes Surge in Liability Insurance Costs: Marsh McLennan CEO
Excessive litigation and abuse of the U.S. legal system are effectively imposing a tax on the U.S. economy and causing a surge in liability insurance costs, according to John Doyle, president and ...
Marsh McLennan Reports Q2 Organic Revenue Growth of 4%, Down From Q2 2024
Marsh McLennan reported consolidated revenue during the second quarter of 2025 of $7.0 billion, an increase of 12 percent from $6.2 billion in Q2 2024, with underlying (organic) revenue growth of 4 ...
Aon Promotes Reinsurance Leaders as John Neal Takes a New Direction With AIG
Insurance broker Aon announced the promotions of Alfonso Valera as CEO of International for Reinsurance, responsible for UK, EMEA and APAC, and Steve Hofmann as CEO of Americas for Reinsurance, ...