Santander cards go green in Spain
Santander has begun rolling out its sustainable payment cards made with recycled material in Spain.
Aon and Fathom launch new Florida Flood Model for state insurers to assess exposures
Aon, a global professional services firm, has been certified by the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) to launch its new Florida Flood v3.0 model statewide to assess flood exposures in the state and inform re/insurers’ rate filings.
Wholesale towable values drop 20.2% YoY in October
Wholesale towable and motorhome values continued to drop in October amid sales slowdowns in unfavorable weather and dealers managing their…
FinBe USA hires new chief risk officer
About a month after rolling out a financing program tailored for work trucks, FinBe USA announced the hiring of a new chief risk officer on Wednesday. Through a post on LinkedIn, FinBe USA welcomed Raghu Venkat, who is bringing more … [Read More]
Europe’s big four reinsurers could see €2bn+ of surplus earnings from benign loss activity
With loss activity in 2025 proving “exceptionally benign” since the LA wildfire losses in Q1, Autonomous has suggested the big four European reinsurers (Munich Re, Swiss Re, Hannover Re, and SCOR) could see a collective benefit of almost €2 billion in future results.
Martin Lewis tops NatWest’s Celebrity Scam Super League
UK Money Saving Expert Martin Lewis tops the list of NatWest’s Celebrity Scam Super League, which ranks the the highest value cases in which a celebrity’s name or image has been used without their knowledge to lure consumers into making a fake investment.
Lockton launches new Global Parametric Insurance Practice
Independent insurance broker Lockton has unveiled its new Global Parametric Insurance Practice, created to help businesses adopt cost-effective alternative risk solutions, and address the widening gap between insured and uninsured losses.
Camping World F&I revenue up 1.6% year over year
RV dealer group Camping World’s finance and insurance revenue fell sequentially but rose year over year in the third quarter…
PODCAST: Federal- and state-level government update with AFSA
Two of the senior vice presidents from the American Financial Services Association took time during their orchestration of the 2023 Vehicle Finance Conference in Dallas for this episode of the Auto Remarketing Podcast. Celia Winslow and Danielle Fagre Arlowe discussed … [Read More]
UK’s high street banks see profits fall as online rivals gain ground
High street banks in the UK have seen their profits drop in 2024 as customers opt for alternative lenders and online banks offering both higher savings rates and more digital services.
Moody’s changes outlook to stable for Italian life insurance, P&C remains stable
Ratings agency Moody’s has changed its outlook for the Italian life insurance sector to stable from negative, and maintained its stable outlook for Italian property and casualty (P&C) insurers.
Everest Re wins ruling in hotel roof damaged by windstorm
Coverage Disputes, Property, Reinsurance Everest Re