Nasdaq boosts market surveillance with GenAI
Exchange operator Nasdaq is integrating a GenAI-powered feature into its market surveillance technology.
Marine MGU offering warehouse legal liability cover
Agents and Brokers, Marine, P/C Insurers, Products & Services, Property
Ukraine conflict industry loss could exceed $20bn: PCS
The insurance and reinsurance industry loss from the conflict in Ukraine could exceed US $20 billion, according to Verisk-owned specialist claims and loss data unit PCS.
L&G position strong despite sluggish share price, say analysts
Current financial and capital market conditions put L&G in a strong position, according to a new report by RBC Capital Markets.
Surefire Cyber launches, receives $10m in funding
Forgepoint Capital, a venture capital firm that focuses on cybersecurity investments, is pumping $10mn in Series A funding into Surefire Cyber – an early stage start-up incident response company, created to help cyber insurers, brokers, law firms, and the organizations they support to better manage major cyber events.
SocGen chief innovation officer on the Covid-19 response
Societe Generale is the latest bank to offer an insight into how it is coping during the Covid-19 lockdown, using technology to ensure remote workers are on top of their briefs and keeping their spirits up.
Ransomware spreads into emerging markets, re/insurers prioritise efficiency & margin stability: CyberCube
Ransomware is growing beyond traditional hotspots and spreading rapidly into emerging economies, according to CyberCube’s “Applying Analytics and Threat Intelligence to Grow in a Soft Market” report.
TransUnion: 62% of US adults earn money via gig economy
Your underwriting department might be seeing more applicants who list their primary sources of income coming through services such as Uber or DoorDash. TransUnion wanted to get more clarity about these workers to help finance companies and other service providers. … [Read More]
Swiss Re’s US P&C outlook remains favourable following best Q1 in over 15 years
After consistently weak sector results for almost two years, the US P&C insurance industry registered its best opening quarter underwriting result in over 15 years in 2024, according to a new report from Swiss Re.
Natural hazard costs erode ~72% of Suncorp’s FY allowance
In a new market update, Australian insurer Suncorp has disclosed that it incurred natural hazard costs of AUD 1.115 billion in the 10 months to April 30th, 2025, which has eroded almost 72% of the carrier’s AUD 1.560 billion full year natural hazard allowance.
