Articles
Insurance
The speed at which technology is transforming the insurance industry means it could become a so-called black swan event for the industry – as opposed to technology being gradually implemented by the industry in an orderly way. 15 October 2018
Insurance
Property/casualty (P&C) group Cincinnati Financial Corporation expects its third-quarter 2018 results to include pre-tax catastrophe losses of approximately $120 million. 15 October 2018
Insurance
The biggest challenge facing many insurers is how they ensure the gap between their own capabilities and those of the leaders in technology transformation does not grow too wide, Brian Bacsu, chief technologist, DXC Technology, told delegates at Intelligent Insurtech Europe 2018, which is taking place in London today (Monday October 15). 15 October 2018
Insurance
Insured residential and commercial storm surge and wind losses from hurricane Michael are estimated at between $3 billion and $5 billion, according to an update by data provider CoreLogic. 15 October 2018
Insurance
Marsh & McLennan’s acquisition of JLT has been on the cards for some time. While the two players complement each other in many areas, Marsh has taken on a lot of debt to finance the deal—which may cause it problems. Intelligent Insurer reports. 12 October 2018
Insurance
Japanese insurance group MS&AD is seeking acquisitions outside Japan to further diversify the business, CEO Yasuyoshi Karasawa said while presenting the group’s “Vision 2021” plan. 12 October 2018
Insurance
Insured losses from Hurricane Michael will be close to $8 billion, according to catastrophe modelling agency Karen Clark & Company (KCC). 12 October 2018
Insurance
Liberty Mutual has launched a new financial risk solutions unit by combining credit and political risk experts from Liberty Specialty Markets (LSM) and Ironshore into a single global operation. 11 October 2018
Insurance
Reinsurers are likely to bear the brunt of the losses caused by hurricane Michael, KBW's Meyer Shields suggested in a research note. 11 October 2018
Insurance
Bermuda-based Maiden Holdings as agreed to sell its US facultative business including its team of specialists to Japan-based Sompo Group. 10 October 2018
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