The Insurance Council of Australia (ICA) has suggested that insurers have received more than 44,000 claims following ex-Tropical Cyclone Alfred. Just yesterday, the ICA reported that insurers had received over 34,000 claims across Southeast Queensland and Northern New South Wales related to ex-Tropical Cyclone Alfred, an increase from 22,000 claims the previous day. Numbers were…
VIG Re, the reinsurance arm of Prague-domiciled Vienna Insurance Group, has confirmed Viktor Faucret as Managing Director (MD) of VIG Re France and Head of the Treaty Non-Life to lead the Western European business unit. As Head of the Western European division, Faucret will drive further developments in France, BeNeLux, Iberia, and the Maghreb region….
Generali has revealed that its operating result grew to a record €7.295 billion in 2024, driven by a positive performance in all of its business segments, including a significant Asset & Wealth Management contribution. Breaking down this record 2024 figure, Generali’s P&C operating result grew to €3.052 billion (+5.1%), with a combined ratio confirmed at…
Global reinsurer Swiss Re has nominated Morten Hübbe and George Quinn for election as new, non-executive and independent members of the Board for a one-year term, ahead of its annual general meeting (AGM) 2025. Additionally, Swiss Re has confirmed that Philip Ryan and Sir Paul Tucker will not stand for re-election at the AGM. The…
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BW Partner and Chief Investment Officer Matt Tickle has been appointed to the PLSA Policy Board to help shape policy for the pensions industry.
Completely eliminating the department would require congressional approval and 60 votes in the Senate, which is unlikely given the current makeup.
FBI officials say there was “no threat” in an incident that prompted a plane flying out of Minneapolis-St. Paul International Airport to be diverted Wednesday afternoon to El Paso International Airport in Texas.
President Trump issued a “last warning” to Hamas to release all hostages it still holds even as the White House confirmed unprecedented direct U.S.-Hamas talks.
Two South Korean fighter jets accidentally dropped eight bombs on a civilian area during training, injuring at least eight people, officials said.