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Artificial Intelligence (AI) agents will take over many decisions from humans in future, but they cannot legally be held liable for those decisions, creating new liability challenges to the insurance industry, according to a new report by Allianz. 22 March 2018
Insurance
Hamilton Insurance Group is opening new offices in London to support its growth in the Lloyd’s market. 12 May 2016
Insurance
Re/insurer XL Catlin has appointed Steven Bauman as head of global programmes and captive practice in North America. 23 May 2017
Insurance
1347 Property Insurance Holdings (PIH), a holding company offering specialty insurance through subsidiary Maison Insurance Company, has estimated its pre-tax catastrophe losses from the storm activity in Louisiana from August 11 to August 15 2016 will not exceed $5 million. 23 August 2016
Insurance
Attune, a technology-enabled company established by AIG, Hamilton Insurance and Two Sigma in September 2016, has appointed James Hobson as chief executive officer (CEO). 7 February 2017
Insurance
The chief financial officer of Swiss Re has refused to deny that the reinsurer is in talks with companies other than SoftBank in relation to selling a stake in the company. 4 May 2018
Insurance
Insurers must keep an open mind on how distribution channels will change in the future and look to engage with customers in the channels they already use rather than where a company wants them to be. 16 November 2016
Alternative Risk Transfer
A new insurance-linked securities (ILS) forum designed to address the key challenges posed by the ILS market, the evolving role of reinsurers in the ILS space, and associated risks will be held in London on July 8 and 9. 25 June 2014
Insurance
Broker Willis Towers Watson said on Sept. 19 that it appointed Albert Li as head of Hong Kong and Taiwan for its insurance consulting and technology business. 19 September 2017
Insurance
Allianz X, the digital investment unit of the Allianz group, is investing $96.6 million in digital microinsurer BIMA. 20 December 2017
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