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Strategic importance of digital grows as insurance evolves
Technology
Insurers are at a crossroads as AI drives industry evolution. Richard Hartley, CEO of insurtech Cytora, outlines the areas to watch as things progress.   26 May 2020
Insurance
Economic development is expected to deteriorate significantly from +32 percent currently to -5 percent worldwide according to a new study by German online statistics portal Statista.   14 October 2019
Octopus Group survey reveals insurance industry approach to renewables
Insurance
Insurers plan to divest 21.2 percent of their portfolios from fossil fuels over the next decade and to ramp up allocations to renewable energy to 10.6 percent over the same period, according to a new survey by Octopus Group, a group of ethically-minded financial services and energy supply businesses.   14 October 2019
Insurance
AXA XL, the property/casualty (P&C) and specialty risk division of the AXA group, is targeting higher synergies than previously announced from the combination of the XL Group and AXA businesses while also planning to further reduce the natural catastrophe (nat cat) exposure.   28 November 2018
Insurance
The average annual insured losses of a 1 in 100-year return period cat event has increased to $270.9 billion in 2018 from $246.9 billion, according to data provider AIR.   27 November 2018
Insurance
Fosun International, a Chinese investment company listed on the Hong Kong Stock Exchange, is to acquire the remaining 80 percent of Ironshore.   5 May 2015
Insurance
German industrial lines insurer HDI Global has hired a senior long-serving Allianz executive to fill the position of UK and Ireland managing director.   15 January 2019
Insurance
Starr Insurance Companies has appointed Santiago Mora as head of international accident & health.   30 July 2018
Insurance
Ryan Specialty Group (RSG) is acquiring certain assets of ARC Specialty Brokerage (ARC Specialty), the property/casualty (P&C) division of ARC Excess & Surplus.   30 July 2018
Insurance
An acceleration in the take-up of technology can be expected “in the next five years” as more insurance industry executives recognise the value it can provide, said Steve Cloutman, managing director at advanced analytics company Ventiv Technology.   4 June 2019

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