Articles
Insurance
Lower than expected increases in claims costs as a result of changes to the Ogden discount rate boosted the results of UK insurer Direct Line in the first half of 2017. 1 August 2017
Insurance
Insurers are preparing for a surge in demand for cyber cover in personal lines as the awareness of the risk grows in the population and cybercrime cases jump. 16 June 2017
Insurance
Major Swiss insurer Zurich is working with accelerator Startupbootcamp to influence the strategy of insurtech, group head of business transformation Antony Elliott told Intelligent Insurer. 14 June 2017
Insurance
A number of Lloyd’s Syndicates and high-profile reinsurers including Allied World, Amlin, Aspen, Hannover Re, Munich Re and PartnerRe could face claims as a result of the fire that has engulfed a 24-storey block of flats in London today (Wednesday June 14). 14 June 2017
Insurance
As carriers reassess their priorities and refocus on making underwriting profits, the use of technology and data science will become key to achieving this, and give companies with these capabilities an advantage, Pina Albo, chief executive of Hamilton Insurance Group, told Baden-Baden Today. 24 October 2018
Insurance
Aspen Insurance, the insurance segment of Aspen Insurance Holdings, has appointed Robert Rokicki as senior vice president (SVP), head of onshore energy and construction for the Americas. 20 January 2016
Alternative Risk Transfer
Organisations believe that their cyber assets are more valuable than plant, property and equipment (PP&E) assets despite spending four times more budget on insurance protecting the latter risks, according to the latest Aon/Ponemon report. 25 April 2017
Insurance
UK motor insurer Direct Line’s full year 2016 results were hit by a sharp reduction of the personal injury (Ogden) discount rate in the UK, but management remains optimistic about the company’s outlook. 7 March 2017
Insurance
To encourage what it calls sustainable underwriting, French reinsurer SCOR has created a so-called scoring grid to help insurance and facultative underwriters assess environmental, social, and governance (ESG) practices in sensitive sectors and lines of business. 6 September 2017
Insurance
The Travelers Companies' profits fell in the first quarter of 2017, which the company blamed on a $62 million pre-tax impact from the UK’s Ogden rate adjustment, a lower underlying underwriting gain and higher catastrophe losses. 20 April 2017
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