Articles
Insurance
Lloyd’s Market Association (LMA) in cooperation with the International Underwriting Association (IUA) sealed a deal with DXC Technology for the provision of bureau services that will save the Lloyd’s and the London market £100 million over the next five years, according to an Oct. 31 statement. 31 October 2017
Insurance
For an underinsured country with a large population and GDP, the next five to 10 years will be a golden period for the Chinese insurance industry, Jianzhong Pan, chairman & CEO of China Zenith Insurance, told SIRC Today. 29 October 2018
Insurance
Asia-Pacific is not yet at the same level as the US or Europe in terms of quality, high-resolution data, which creates challenges in terms of accurately pricing and underwriting risk, Jason Futers, CEO of Insurdata, told SIRC Today. 29 October 2018
Insurance
Marsh & McLennan unit Guy Carpenter & Company has promoted John Fletcher to chairman of the firm’s Bermuda operations with immediate effect. 30 April 2018
Insurance
Insurers are increasingly baffled by the array of insurtech companies competing for their attention and are struggling to conceive a strategy that ensures they keep track of important developments, while ignoring irrelevant background noise. 28 October 2018
Insurance
Lemonade, an artificial intelligence-focused insurtech company, has launched its homeowners and renters insurance insurance offering throughout the Garden State. 3 August 2017
Insurance
Changes in US corporation tax as well as an improved performance in number of lines of business including commercial lines and personal lines boosted third quarter results at The Hartford in 2018. 26 October 2018
News
Reinsurance Group of America (RGA) has reported third-quarter net income of $301.2 million, up on the $227.6 million it made in the prior-year quarter. 26 October 2018
Insurance
Brit Global Specialty USA (BGSU) has expanded its professional lines offering with the hiring of Rich Hartman from Arch Insurance. 16 January 2018
Insurance
Property/casualty insurer Chubb said on Oct. 26 that it reported a net loss for the third quarter of $70 million after recording pre-tax catastrophe losses, net of reinsurance and including reinstatement premiums, of $1.89 billion in the quarter. 27 October 2017
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