AI tools can improve the insurance industry's operating efficiency and risk selection while increasing regulatory, cyber, data and third-party risks if not carefully implemented, according to new ...
Reinsurers’ “healthy” returns on equity, lower retro costs and the interest rate environment mean property catastrophe rates ...
Building trust and improving client understanding emerged as key themes in the opening sessions of the Parametric Insurer Conference in London on Thursday, with speakers warning that greater ...
A recent insurance program designed to protect the pre-arranged financing of the UN Office for the Coordination of Humanitarian Affairs could provide the foundation for a humanitarian risk pool, ...
Demand for parametric insurance is being driven largely by non-peak perils, as advances in observational data allow insurers to design more precise triggers for highly localised losses, Marsh Re ...
Lloyd's broker MNK International has hired Danny Greenaway as managing director to establish and lead a new aviation and aerospace division, the company said on Thursday.
Allianz has increased its full-year guidance after reporting a 6.2% rise in third-quarter operating profit. The logo of insurer Allianz SE is seen on the company building in Puteaux at the financial ...
Munich Re on Thursday reported a P&C reinsurance net profit of €938 million for the third quarter, with the segment reporting an 80% combined ratio for period.
Hiscox Re has hired Tim Gorringe to bolster its marine and energy treaty offering, multiple market sources told The Insurer.
The 44 new US reciprocal insurance exchanges formed in the past decade to cover hurricane-prone states could be vulnerable to catastrophe risk exposure, according to a new report from ALIRT Insurance ...
American Integrity Insurance shares closed up 5% on Wednesday as analysts said the property insurer is growing faster than peers in Florida and positioned well to expand further, especially in middle ...
Businesses and insurers should clarify which policies would respond to an AI-related loss before a claim sends adjusters searching for cover, panelists told The Insurer TV.
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