Two-thirds of insurers plan to implement AI predictive models within two years – Earnix
The technology firm surveyed more than 400 global insurance executives to uncover technology and artificial intelligence (AI) trends, revealing that replacing legacy systems remains a significant challenge.
Latest updates
‘Inflection point’ reached in US casualty reserving – Lockton Re
Reinsurance broker’s paper highlights potential end to material adverse development in casualty lines for calendar year 2025.
Aon Underwriting Managers hires new CUO
Simon Clapham, formerly of Brit and Liberty Specialty Markets, joins Aon’s MGA operation as its chief underwriter.
Extinction Rebellion targets multiple London market insurance firms
The climate change protest group has carried out a campaign of protests targeting insurance companies across London.
Reinsurer ROEs rise on underwriting, investment results – AM Best
AM Best’s DuPont analysis indicated reserve leverage for the composite dropped, led by non-life reinsurers, other than the ‘big four’, whose reserve leverage was relatively stable.
RiverStone and QBE announce loss portfolio transfer deal
Run-off re/insurer takes on reserves of $1.2bn for Lloyd’s syndicate legacy business from QBE.
Saudi Vision 2030 & GHE 2024: where the tech revolution and health re/insurance meet
Editor of GR, David Benyon, reflects on health technology trends for re/insuring the sector, from a recent trip to Saudi Arabia, attending GHE 2024.
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