Articles

Insurance

IFRS 17 still beset by some uncertainties, says AM Best

Ratings agency AM Best has highlighted concerns about further amendments being proposed to the International Accounting Standard, IFRS 17, which seeks to reflect market values in the published financial statements of insurers.   16 September 2019

Insurance

JBA launches new 'probabilistic' global flood model to tackle coverage gaps

Flood risk modeller JBA Risk Management has launched an innovative probabilistic global flood model, which will allow re/insurers to model river and surface water flood at 30m resolution.   16 September 2019

Insurance

Insurtech Concirrus partners with Marsh JLT and Willis Re on new AI-powered marine cargo solution

London-based insurtech Concirrus has launched a new artificial intelligence-powered cargo data analytics solution in partnership with brokers Marsh JLT Specialty and Willis Re Specialty. The company claims it has the potential to "revolutionise" the way cargo insurance is priced, selected and managed in the industry.   16 September 2019

Insurance

Davies mulls North American expansion with first claims deal

Insurance service provider Davies Group has acquired Ohio-based Frontier Adjusters, a multi-line independent claims adjusting provider, as part of its North American investment plans.   13 September 2019

Insurance

New insurtech using NLP and machine learning technology launches in the US

New York-based NeuralMetrics, an insurtech data provider using natural language processing (NLP) technologies to power a real-time, alternative data engine for commercial lines general or property and casualty (P&C) insurance companies, has launched in the US.   13 September 2019

Insurance

Insurtechs raise record $3bn in funding in first half of 2019

Insurtech firms raised a record $3 billion in new funding in the first half of 2019, with developments such as usage-based insurance boosting demand in the sector, with European companies attracting the lion's share.   13 September 2019

Insurance

Extreme wildfire risk affects 775,654 US homes, finds CoreLogic report

There are 775,654 US homes at extreme risk of wildfire, according to CoreLogic analysts.   13 September 2019

Insurance

Prudential to buy US insurtech start-up Assurance IQ for $2.35bn

Prudential Financial is set to acquire US-based insurtech start-up Assurance IQ for $2.35 billion.   13 September 2019

Insurance

AXA XL names Luis Prato chief underwriting officer for UK entities

AXA XL insurance has appointed Luis Prato as new chief underwriting officer (CUO) for UK legal entities, Catlin Underwriting Agencies (CUAL) and XL Catlin Insurance Company UK (XLCICL).   12 September 2019

Insurance

Insured loss estimates for Hurricane Dorian reach $5bn for US and Carribean, says cat modeller KCC

Catastrophe modelling firm Karen Clark & Company (KCC) has estimated that the total insured loss from Hurricane Dorian in the US and Caribbean will be close to $5 billion.   12 September 2019

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.