Berkley profit soars 98.7% in second quarter
Auto liability, Catastrophes, Coronavirus, Cyber Risks, D&O, Emerging Risks, Excess and Surplus Lines, Financial Results, P/C Insurers, Property, Technology, Workers Comp Coverage
Lemonade adds PayPal CMO Geoff Seeley to its Board
AI-powered digital insurance company Lemonade has named Geoff Seeley, Chief Marketing Officer of PayPal, to its Board of Directors.
USQRisk promotes Tony Harrington-Jones to COO
USQRisk, an international managing general agent specializing in alternative risk transfer, has promoted Tony Harrington-Jones to Chief Operating Officer (COO), based in London.
Hippo rounds off 2024 reinsurance placement, improves terms for 2nd year running
Home insurance group, Hippo, has completed the placement of its 2024 reinsurance program with improved terms for the second year in a row.
Artex completes integration of Bee Insurance Management team
Artex, Gallagher’s wholly-owned subsidiary for alternative risk and capital, has announced that the team from Malta-based Bee Insurance Management Ltd. has joined Artex EMEA.
EU opens anti-trust investigation into alleged market collusion between Deutsche Börse and Nasdaq
The European Commission has opened an antitrust investigation into possible collusion between Deutsche Börse and Nasdaq in listing, trading and clearing of financial derivatives.
Sustainable Finance Live: Environmental sector isn’t “investable or professional yet”
Dr Rich Stockdale, founder of Oxygen Conservation, gave the closing keynote of Sustainable Finance Live 2024, looking into how the investment into natural capital can evolve in the future.
2021 pension scheme buy-in and buy-out volumes topped £27.7bn
Total pension scheme buy-in and buy-out volumes totalled £27.7bn in 2021, according to Hymans Robertson report.
Non-US catastrophe loss tally reaches $16.7bn in 2023: CRESTA
As per the CRESTA Industry Loss Index (CLIX), which provides data on non-US cat events that have generated industry losses above $1bn, the international loss tally for 2023 amounted to $16.7bn, marginally below the annual average of $17.1bn for the last 23 years.
CPS: AI agents as effective as humans in some cases
AI debt collectors are performing at rates comparable to human agents for some auto lenders. Since subprime lender Consumer Portfolio…
Alfa announces Originations for US auto finance
The second of six releases that make up Alfa Systems 6, a breakthrough iteration of the Alfa Systems software platform,…
AI race heats up between France and UK
Xavier Niel, French billionaire and chairman of the Iliad group, has announced his intention to host an AI conference in Paris in November, the same month as Britain’s AI Safety Summit.