Latest Insurance News
Insurance industry officials still see hindrances in women’s pay and promotion opportunities and say they need men’s co-operation to move forward.
AIG has agreed to buy US broker, Glatfelter for an undisclosed sum.
Lloyd’s of London has announced a pre-tax profit of £588m for the first half of 2018.
Insurtech transactions reached a new peak in the second quarter of 2018 - exceeding $5bn - thanks to AI advances in the sector giving insurers more tools to predict risk and utilise new data.
Read about EY's roundtable on re/insurance's technological revolution.
RSA’s UK and international business appoints Adrian Sweeney as chief underwriting officer.
Eric Cioppa will succeed New Jersey commissioner Peter Hartt in Financial Stability Oversight Council (FSOC) role.
Randall & Quilter has acquired a European and US firm in run-off as part of their "active" 2018 plan.
Hurricane Florence is shaping up to be more of a precipitation event than a wind-driven one, AIR Worldwide has predicted.
Reaction's editor Andrew Putwain reflects on his experiences in the market thus far.
Financial institutions are in a tizzy regarding the EU's General Data Protection Regulation due to its steep fines and extensive requirements- who will be the first insurers to feel the sting?
Reactions editor Christopher Munro considers what might have been with England at the World Cup and Bermuda's role in the re/insurance industry.
It’s no exaggeration to say that in London on the morning of Friday June 24, there was an outbreak of grief, heartbreak and tears, following the news that Brexit had triumphed in the referendum and the UK was set to leave the EU.
The implications of the UK’s vote to leave the EU on the North American re/insurance industry remains opaque.
Protectionism is about the worst enemy that re/insurance faces, aside from Armageddon at the hands of war or natural catastrophe.
Some of what Alvin Toffler, author of influential book Future Shock, said about society could be applied to the insurance industry’s state of mind.
China’s assets managed by insurers have doubled within four years, reaching around $2.1trn.
Under successive leaders, Canada has been one of the worst performers on the global stage in terms of climate protection.
A major eruption of Mount Agnung in Indonesia could cause more than $70bn in economic losses, but insured losses are expected to be low.
Earnings per share ticked up to $0.79 for the quarter while underlying revenue at Guy Carp increased by 4% on the prior year period.
One of the first brokers to build a book of cyber business, Chris Cotterell explains that the cyber market has come full circle.
Unstructured and underused data may be a gold mine for re/insurers according to CSC and Xchanging.
Xceedance CEO Arun Valakrishnan highlights the wealth of Indian tech talent that re/insurance businesses are failing to employ.
Africa Re’s group managing director and CEO, Corneille Karekezi, gives his perspective on the outlook for the continent’s reinsurance markets.
Willis Re’s chief executive John Cavanagh remains optimistic at his company’s future growth prospects even though market conditions are tough.
BMS has undergone a comprehensive revamp – strategically and financially – since June last year. One year on, Reactions talks with BMS Group CEO Nick Cook to find out more about the ambitious five year strategy the broker is implementing.
Developing products that actually meet the needs of those in emerging economies, as well as creating reliable and user-friendly ways of both paying premium and collecting claims, will all determine whether the multi-company multi insurance venture incubator is a success, says Aspen’s Mario Vitale.
In this month's Reactions