NRA charges against former NY insurance superintendent dismissed
Agents and Brokers, Coverage Disputes, P/C Insurers Chubb Ltd., Lloyd’s of London, Lockton
Arthur J. Gallagher sees revenues of $9.9bn in 2023 as key segments improve
Arthur J. Gallagher & Co. has reported full year 2023 total revenues of $9.9 billion, up substantially from the $8.4 billion recorded in 2022.
Jonathan Rake to become CEO of Swiss Re Solutions as Russell Higginbotham departs
Russell Higginbotham is leaving reinsurance giant Swiss Re after three decades with the company, with Jonathan Rake taking over as Chief Executive Officer (CEO) of Swiss Re Solutions, effective January 1st, 2025.
Duck Creek Technologies partners with Charlee.ai to improve claims management
Charlee.ai, a provider of AI-based predictive analytic solutions, and Duck Creek Technologies, a provider of SaaS core systems for the insurance industry, have partnered to create a solution to enhance claims management processes.
Tariff pressures mount for US insurers, says KBRA
KBRA, a US-based credit rating agency, notes that while the US insurance industry has historically been resilient in the face of economic uncertainty, ongoing tariff disputes and broader trade tensions are now presenting a more complex and layered set of credit challenges.
Insurance challenges rise with surge in empty offices
Agents and Brokers, Emerging Risks, P/C Insurers, Property Aon, USI Insurance Services
Bank Alfalah acquires stake in Jingle Pay
This investment highlights Bank Alfalah’s dedication to driving digital transformation and promoting financial inclusion across key markets, reinforcing its position as a leading digital bank.
Gallagher pushes back likely close of AssuredPartners deal
Agents and Brokers, Mergers and Acquisitions Arthur J. Gallagher & Co., AssuredPartners
ABIR members’ contribution to Bermuda’s local economy tops $1.2bn
Member companies of the Association of Bermuda Insurers and Reinsurers (ABIR) set a new benchmark in 2024, contributing $1,210,566,922 to Bermuda’s economy, and employing a record number of Bermudians, according to the association’s 20th Annual Economic Substance Survey.
