News
Insurance
The world of insurance—and the wider world beyond that—will be changed by the advent of the driverless or autonomous car, according to Vincent Branch, chief executive of Accelerate at AXA XL. 16 October 2018
Insurance
Talanx experienced a large-loss burden in industrial lines between January and September 2018 of more than €260 million which is expected to have exceeded the large loss budget for the entire year. 16 October 2018
Insurance
Industry insured losses resulting from hurricane Michael’s winds and storm surge will range from $6 billion to $10 billion, according to estimates by catastrophe risk modelling firm AIR Worldwide. 16 October 2018
Insurance
Blockchain will lead to new risk assessment models and a new way of looking at data, according to Magdalena Ramada Sarasola, director, insurance consulting and technology, at Willis Towers Watson. 16 October 2018
Insurance
Liberty Specialty Markets (LSM) has appointed Roland Heinesch as new cyber underwriter in its Zurich office, citing that the company is “seeing a real increase in demand” across the country. 16 October 2018
Alternative Risk Transfer
The ILS sector did much to cement its position at the centre of risk transfer after its broadly positive response to the 2017 cat losses. But some investors feel they were misled on the size of those losses, which continue to escalate, and were overpromised on the rate increases that would result. Intelligent Insurer investigates. 16 October 2018
Insurance
The insurance industry needs to become more diverse if it’s to avoid being left behind by the rest of the economy, according to a panel discussion at the Intelligent InsurTECH Europe 2018 conference in London today. 15 October 2018
Insurance
While in the past a property’s value has been the main basis for the calculation of exposure risk and premium, e2Value is now adding structural characteristics to the process and producing significant changes in the assessment as a result. 15 October 2018
Insurance
Insurance companies need to access the latest information about what is available via insurtech companies, according to a panel discussion at the Intelligent InsurTECH Europe 2018 conference in London today. 15 October 2018
Insurance
As the renewal season approaches, the airline insurance market is showing definitive upwards movement across all business sectors, according to the latest JLT Aviation newsletter. 15 October 2018
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