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The ways risks are likely to change due to artificial intelligence (AI) are manifold, presenting many challenges to the insurance industry, but they are the subject of much current debate and development, as Allianz and SCOR suggest in their reports. 13 April 2018
News
VIG Re wants to expand in continental Europe as well as Asia, according to Karl Fink, chairman of the supervisory board of VIG Re. 13 April 2018
Insurance
Cyber risk assessment and mitigation should be a top priority for insurers in their enterprise risk management (ERM) efforts, according to AM Best. 13 April 2018
Insurance
Alliant Insurance Services, a specialty insurance brokerage firm, has entered into a definitive agreement to acquire New York-based Crystal & Company. 13 April 2018
Insurance
Marsh & McLennan Companies’ unit Jelf reached an agreement to acquire Scotland’s largest independent insurance broker Clark Thomson. 12 April 2018
Insurance
The EU Commission that it intends to grant consumers the right to form collective group actions across the European Union in a move that could have a major impact on the insurance sector. 12 April 2018
Insurance
The three leading global credit insurers Atradius, Coface and Euler Hermes currently benefit from a supportive economic environment that is limiting corporate insolvencies, according to Moody’s. 12 April 2018
Insurance
Lloyd's third-party managing agent Asta has appointed Laura McMaster as deputy chief actuary, reporting to chief actuary Richard Barke. 12 April 2018
News
A new fund is seeking to attract financing from insurers to invest in the insurtech sector, aiming to offer an alternative solution to insurers as they leverage new technologies that are transforming the sector. 11 April 2018
Insurance
Global political volatility is leading to heightened levels of political violence and political risk, according to Aon’s 2018 Risk Maps for Political Risk, Terrorism and Political Violence. 11 April 2018
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