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Dawning awareness of the scale and severity of financial risks posed by artificial intelligence (AI) means that, in the next few years, London market underwriters will need to review their policies in a search for hidden AI exposure, according to law firm Clyde & Co. 24 July 2018
Insurance
Azur, a managing digital agent (MDA) specialising in the UK’s high net worth insurance market, has launched a new insurance product designed for car collectors. 1 March 2018
Insurance
UK-based insurer Aviva said on May 25 that it will start a share buy-back of its ordinary shares for up to a maximum consideration of £300 million. 25 May 2017
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has launched an 'on demand' aviation insurance product for manned aircraft which it claims to be the first in the market. 6 September 2018
Insurance
Verisk Analytics, a provider of property/casualty (P&C) insurance risk information, has acquired UK-based insurtech Business Insight. 28 February 2018
Insurance
Managing general agent European Property Underwriting (EPU) has secured what it described as a transformational capacity arrangement with a number of partners, led by HDI Gerling, with co/reinsurance participations from Liberty Mutual Insurance and Swiss Re Corporate Solutions. 6 October 2015
Insurance
In an ongoing dispute, Voce Capital Management, a shareholder of Argo Group, has questioned the legality of the re/insurer's appointment of two independent board directors. 29 March 2019
Insurance
Hannover Re defies “burden of heavy losses” to secure “pleasing growth” in 2018 and forecast further growth for 2019, its chief executive officer Ulrich Wallin said today as the company unveiled its annual results. 5 February 2019
Insurance
David Burt, the Premier of Bermuda, has said he accepts responsibility for what appears to have been a case of human error when draft regulations were being edited that resulted in the country being blacklisted by the European Union this week in what he also admitted is a “setback” for Bermuda and would mean a “challenging period” for the domicile. 14 March 2019
Insurance
Re/insurer XL Catlin has appointed three executives, Ludovic Ruiller, Ophélie Carême and Vincent Fumey, into its underwriting team in France. 24 January 2017
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