Insurance industry reacts to coronavirus spread
Agents and Brokers, Catastrophes, Disaster Management, P/C Insurers Asia-Pacific & Australasia, China, European Union, Switzerland Aon, Axa, Marsh & McLennan, USI Insurance Services
Inside Chase Auto’s refinance rollout
Chase Auto has launched refinance as lenders look to capitalize on stabilizing rates and increased refi demand. The new…
Arbol executes unique parametric risk transfer in water risk management
Arbol, the global climate risk coverage platform, has executed an innovative parametric risk transfer on the NASDAQ Veles California Water Index NQH2O.
UK watchdog fines TikTok $16 million for misusing childrens data
Cyber Risks China, United Kingdom
Travelers says further rate increases possible
Auto liability, Catastrophes, Excess and Surplus Lines, Financial Results, P/C Insurers, Workers Comp Pricing The Travelers Cos.
Arch fronts Samuel Hale’s captive for $50m worker’s comp risk
Arch Insurance will front a captive insurance program for Samuel Hale, the California-based employer carve-out organisation (ECO), announced this month.
Pattern appoints Joyce Segall as Head of Underwriting
Global insurtech Managing General Agent (MGA), Pattern, has appointed Joyce Segall as Head of Underwriting.
Google and PayPal agree multi-year commerce collaboration
Google and PayPal have agreed a multi-year collaboration to advance agentic shopping and frictionless commerce payments.
Hannover Re expects stable P&C reinsurance market terms, additional demand in 2025: CEO Henchoz
European reinsurance company Hannover Re is expecting a broadly flat risk-adjusted rate environment for the property and casualty (P&C) market in 2025, which supports its combined ratio guidance of less than 88% for next year, with terms in the segment projected to be stable amid strong demand and a disciplined marketplace.
Memphis fastest growing area for synthetic identify fraud
Memphis, Tenn., became the fastest-growing area for synthetic identity fraud in 2023, as fraudsters advertised it on social media in…
Equals Money and Zūm Rails make BaaS plays
Equals Money, a payments provider for company expenses, has launched a Banking-as-a-Service product to helping businesses offer their own digital payment and card services.
COMMENTARY: Why lenders should rethink their repossession & recovery process
In today’s economy, auto loan delinquencies are rising, leading to an increase in vehicle repossessions. However, many lenders fail to recognize a critical opportunity in the repossession process: recovering funds through the borrower’s existing insurance policy. Without an efficient strategy … [Read More]