Analysis by Fitch Ratings on the outcome of the key January 1st, 2024, renewals for European reinsurers claims that underwriting margins are close to peaking as supply and demand exhibits greater equilibrium.
According to a recent poll from Reinsurance News, artificial intelligence (AI) is anticipated to have the least impact in customer service, whilst nearly half of industry respondents believe that AI will have the biggest impact in risk modelling & analysis.
A spate of online banking glitches has hit the UK’s leading high street banks, leading inevitably to discussions of resilience and operational risk in the industry.
Porsche AG’s supervisory board has chosen company insiders to replace its finance and sales chiefs as the Volkswagen AG luxury…
Agents and Brokers United Kingdom Arthur J. Gallagher & Co.
Auto delinquency rates rose again in July, marking 34 consecutive year-over-year increases as inflationary pressures and elevated interest rates have…
More than half of the companies investing in artificial intelligence (AI) projects have been unable to extract any tangible benefit, according to recently published research.
Stock trading app Robinhood has laid off another seven per cent of its workforce, about 150 employees, according to the Wall Street Journal.
Standard Charetered has contracted with Sweden’s Doconomy to provide customers with a digital tool that tracks carbon emissions and freshwater consumption on goods bought using the bank’s credit and debit cards.
Climate and cyber risks, as well as protection gaps and transparency among the National Association of Insurance Commissioners (NAIC), priorities for 2024.
Lockton, Inc., the independent and privately held insurance brokerage, has reported global revenue of $3.55 billion for its fiscal year to April 30th, 2024, supported by solid growth at its reinsurance arm, Lockton Re.
Catastrophe Modeling, Catastrophes, P/C Insurers, Property
Aviva has completed the acquisition of Probitas Holdings (Bermuda) Limited for a consideration of £249 million, marking the firm’s entry into the Lloyd’s market.
