European reinsurance

US futures fall as European rally ends on fresh virus jitters

2020-03-27T10:32:00+00:00

US stock futures dropped ahead of the opening bell on Friday, signalling an end to a three-day rally in American equities after European markets ran out of steam amid mounting evidence that the coronavirus pandemic is taking a severe toll on the global economy.

Coronavirus and stocks

Wall Street futures trade lower on jobless figures as global stocks falter

2020-03-26T11:50:00+00:00

Global equities retreated on Thursday while US stock futures pointed downwards as investors await a report that will give a first sense of how much damage the pandemic is doing to the American labour market.

Stocks-on-the-rise

Asia-Pacific equities rally after historic surge on Wall Street

2020-03-25T08:08:00+00:00

Asia-Pacific stocks rallied overnight after a historic surge in US and European equities as leaders in Washington agreed on a $2tn package to soften the US economic blow from coronavirus.

ICA – Australia hailstorm

Australia hailstorm losses climb to A$1.2bn: ICA

2020-03-24T19:42:00+00:00

Hailstorms that lashed Eastern Australia in January are now estimated to cost insurers A$1.2bn ($700mn), according to the latest calculation from the Insurance Council of Australia (ICA).

Stocks

Asia-Pacific stocks rally on Fed’s bond pledge; Europe and Wall street tipped to follow

2020-03-24T08:03:00+00:00

Asia-Pacific (re)insurance stocks rallied on Tuesday with US and European markets set to follow after the US central bank vowed to buy whatever amount of government bonds necessary to shield the economy from the impact of the coronavirus pandemic.

Coronavirus and stocks

European (re)insurance stocks tumble as US aid talks stall

2020-03-23T10:55:00+00:00

European (re)insurance stocks sustained another heavy blow in early trading on Monday after the worsening coronavirus crisis forced governments to impose tougher measures to staunch the outbreak and the US Senate failed to agree on a $1trn response bill.

Stocks

Australia leads APAC sell-off as Wall Street futures plunge

2020-03-23T07:55:00+00:00

Asia-Pacific markets fell sharply on Monday with Australian stocks leading the sell-off as investors reacted to an altered global business landscape characterised by lockdowns and closures intended to slow the spreading coronavirus.

Stocks

Asia-Pacific stocks rise on virus support measures

2020-03-20T08:00:00+00:00

Asia-Pacific stocks rose on Friday with US and European equity futures also higher as investors react to the flurry of support packages from central banks in response to the coronavirus crisis which handed markets a reprieve from this week’s brutal sell-off.

Wall Street stocks

Asia-Pacific markets fall after Wall Street’s latest tumble

2020-03-19T07:58:00+00:00

Asia-Pacific markets were sent into turmoil on Thursday as a sudden rush to dollars and a sell-off of haven assets sent shares tumbling, indicating that investors have lost faith government intervention will curtail the global economic crisis triggered by the coronavirus pandemic.

Coronavirus and stocks

APAC stocks fall; Wall Street and European futures point lower as global rally fizzles out

2020-03-18T08:08:00+00:00

Equities in Asia-Pacific shed early gains on Wednesday as fresh government stimulus measures failed to shield economies from going into reverse as the rapidly spreading coronavirus outbreak continues to weigh on investor sentiment.

STOXX coronavirus

Asia-Pacific stocks climb after biggest Wall Street sell-off since 1987

2020-03-17T08:10:00+00:00

Asia-Pacific stocks rose on Tuesday following the biggest sell-off on Wall Street in more than 30 years with both European and London futures indicating modest gains at open on international economic support measures to fight the impact of the coronavirus.

Stockmarketfalling 900px

Asia-Pacific stocks plunge as US Fed cuts rates to zero

2020-03-16T07:58:00+00:00

Stocks in Asia-Pacific plunged yet again in trading on Monday as the US Federal Reserve cut its benchmark interest rate to zero and joined forces with other central banks to launch a massive quantitative easing program in an emergency move on Sunday.

S&P-and-Coronavirus

The biggest losers from a wild week for US (re)insurance stocks

2020-03-16T12:03:00+00:00

The share prices of AIG, Argo and Greenlight Re all fell more than 20 percent in a historically bad week for US stocks, while the negative impact on Aon’s share price from the broking giant’s proposed takeover of Willis was exacerbated amid the chaos.

Coronavirus and share price

European insurance markets rebound as global sell-off eases

2020-03-13T11:12:00+00:00

European insurance stocks opened broadly in the green on Friday as the rout in global shares eased in early trading on new liquidity measures launched by central banks to stem another punishing week of selling prompted by the coronavirus.

STOXX coronavirus

European insurance stocks plunge on US coronavirus travel ban

2020-03-12T10:05:00+00:00

European (re)insurance markets have plummeted – almost to their lowest points since the 2016 Brexit referendum – after US President Donald Trump announced that all travel from Europe to America, excluding from the UK and Ireland, will be suspended for 30 days as part of ongoing efforts to stem the ...

stockmarket shares chart

Asia-Pacific stocks sold-off with Wall Street tipped to fall on Trump travel ban

2020-03-12T07:57:00+00:00

Asia-Pacific (re)insurance stocks sold-off sharply on Thursday after the World Health Organization declared the coronavirus crisis a pandemic and the US temporarily suspended travel from Europe in response to the outbreak, sending Wall Street futures into a tailspin.

Stockmarketfalling 900px

Asian markets fall as UK investors await budget announcement

2020-03-11T08:05:00+00:00

Asia-Pacific (re)insurance stocks tumbled on Wednesday as investors continue to watch for developments around government stimulus as the coronavirus continued spreading.

Corona virus

QBE shares slide over 10% in Asia-Pacific bloodbath

2020-03-09T07:59:00+00:00

Shares in Australian insurer QBE closed down 10.44 percent on Monday as Asia-Pacific equities plunged following a shock crash in oil prices and yet another wave of panic over the spreading coronavirus.

Wayne Byers – APRA

A$5bn cat losses to pressure Australian market: APRA chair

2020-03-06T15:02:00+00:00

While Australia is “well-placed” to cover the circa A$5bn ($3.32bn) insured losses stemming from extreme weather in the country since November, the disasters will “undoubtedly” affect price and availability of insurance going forward, according to the country’s regulator.

Coronavirus

Global insurance equities slide on virus fears as investors flee to haven stocks

2020-03-06T10:30:00+00:00

Safe haven government bonds reached historic highs while (re)insurance stocks across Europe and Asia tumbled on fears over economic disruption caused by the spread as cases approached the 100,000 mark.