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Intermediaries such as brokers or managing general agents (MGAs) need to lift their game for insurers to better understand their clients’ needs and improve their products and services based on this, said Lakshan De Silva, chief technology officer at technology firm Intellect SEEC. 19 November 2018
Insurance
The total pay out for insured losses following the Kumamoto earthquake has now reached JPY317 billion ($3 billion), according to data from the General Insurance Association of Japan. 24 June 2016
Insurance
The model’s revised view of the seismic hazard and updated vulnerability functions provide a better match to historical losses. 27 July 2020
Insurance
An exodus of capacity from the property cat market has resulted in the best pricing in that sector since 2006—and this means a clear opportunity for reinsurers, says Bewlay. 10 September 2022
Insurance
Green bond is included in total $1.5bn Prudential debt issuance. 6 March 2020
Insurance
HSCM Bermuda, Assurant and SCOR Global P&C Ventures participated in the funding round. 21 May 2020
Insurance
The new hires come from JLT Specialty, Price Forbes and RK Harrison. 21 May 2020
Insurance
Pembroke Managing Agency has been granted approval by Lloyd’s to establish and manage GIC Syndicate 1947, which has been cleared to underwrite business from April 1. 19 March 2018
Insurance
The re/insurer believes that its new regional CEOs and structure will make AXA XL a simpler organisation to navigate. 8 July 2020
Insurance
Ryan Specialty Group (RSG) has acquired the assets and operations of The Suitelife, from Venture Insurance Programs. 16 October 2019
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