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Insurance
Robotic Process Automation is expected to improve insurers’ earnings by about 37 percent with staff numbers falling 20 percent in back office functions, according to a base case scenario by Royal Bank of Canada (RBC). 29 September 2017
Insurance
Funding for fintech is rising at a dramatic pace with positive implications for insurtech developments ramping up pressure on legacy firms to compete, research suggests. 20 August 2019
Alternative Risk Transfer
The insurance-linked securities (ILS) market has reacted in an orderly manner after the 2017 catastrophe losses, paying claims and reloading, and it doesn’t have to prove itself any more, Aon Securities CEO Paul Schultz suggested in a conversation with Monte Carlo Today. 11 September 2018
Insurance
Despite challenges, the industry is facing a broad horizon of opportunity. 17 September 2020
Insurance
The Indian market remains the core of GIC Re’s business and it is growing fast, but the reinsurer is increasingly capitalising on opportunities overseas as well, as Alice Vaidyan of GIC Re told Monte Carlo Today. 8 September 2019
Insurance
An uptick in mergers and acquisitions (M&A) is accelerating a trend whereby the traditional re/insurance value chain is being replaced by a broader risk ecosystem with less defined boundaries between players, Victor Peignet, CEO of SCOR Global P&C, told Monte Carlo Today. 10 September 2018
Insurance
Pardus, the London-based independent managing general agent (MGA), has launched a facultative reinsurance facility for North American property interests. The division will be led by market veteran Andy Billinge and backed by Lloyd’s security. 13 October 2015
Insurance
Today, despite the fact the re/insurance industry’s customers face new and increasing threats to their businesses, insurance buying isn’t keeping pace, John Neal, CEO of Lloyd’s told delegates at the Singapore International Reinsurance Conference yesterday. 30 October 2019
Insurance
Voce Capital Management, the activist shareholder pushing for change in Argo Group partly by seeking to install a number of independent directors to its board, has launched a new website designed to communicate with other shareholders. 8 March 2019
Insurance
American International Group (AIG) has expanded its presence in the pension risk transfer market after reaching agreements on the two largest plan termination transactions of 2017. 29 May 2018
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