Articles
Insurance
Bermuda-based AXIS was hit hard by natural catastrophes 2017 but CEO Albert Benchimol believes that the financial impact of the year’s challenges on the company do not explain the 23 percent drop in the firm’s share price and suggested that it was further exacerbated by questions relating to the Novae acquisition. 27 March 2018
Insurance
Consequences of advances in the digital applications involved with naval architecture and the operation of vessels are worrying the insurance sector. 27 March 2018
News
Insurers that place the potential of technology such as AI at the centre of their business will gain a significant competitive advantage, Abhishek Breja, the former head of performance transformation and AI at Assurant, tells Intelligent Insurer. 26 March 2018
Insurance
Recent reports highlighted the growing threat of cyber-attacks and data breaches to the energy sector, and underscore the growing need for protection, according to rating agency AM Best. 26 March 2018
Insurance
Rating agency AM Best has downgraded Canopius Reinsurance after it reviewed the firm following its acquisition by Centerbridge Partners. 23 March 2018
Insurance
The marine and upstream energy insurance team of Validus Specialty Underwriting Services has partnered with Eagle Ocean America to launch a new cover for US vessel operators. 22 March 2018
Insurance
Lloyd’s has posted its first aggregate pre-tax loss in six years as major claims more than doubled in 2017, causing an underwriting loss of £3.4 billion. 21 March 2018
Insurance
Rating agency AM Best has a negative outlook on the UK’s non-life market as the negative impact from the challenges the UK sector is facing is likely to last. 21 March 2018
Reinsurance
Munich Re expects its investments in digitisation, data and technology to become the major driver of future growth in its reinsurance operations. The German reinsurance giant sees digitisation as a means of moving the business closer to the end consumer while generating new technology-based products. 20 March 2018
Insurance
S&P Global Ratings has downgraded UK-based multiline insurance group Prudential by one notch due to the company’s demerger plan while downgrading the UK operations by two notches. 16 March 2018
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