Strategy
Lloyd’s Terminates Ties With All NRA Insurance Programs
Lloyd's of London has directed its underwriters to terminate any insurance programs they have with the National Rifle Association (NRA) and to not enter into any new ones. "The Lloyd's Corporation ...
The Latest Launches From Great American, Generali and XL Catlin
Great American Insurance Group is working with another party to launch a national coverage program for repair shops in the U.S. focused on antique and classic car restoration. Generali's Global ...
AI Could Boost Insurer Revenue and Jobs, But Resistance to Change Remains: Accenture
Artificial intelligence could create significant boost for insurers in both revenue and employment, but they risk missing out if they don't switch soon, according to a recent Accenture report. That ...
Nationwide Makes Strategic Investment in InsurTech Startup Betterview
Nationwide said its venture arm has made a strategic investment in Betterview, a machine learning InsurTech startup that focuses on capturing and analyzing data from drones, satellite and other ...
With Eye on Brexit, Tokio Marine Picks Luxembourg as EU HQ
Tokio Marine Group said it has received regulatory approval from Luxembourg's Commissariat aux Assurances and the Japanese Financial Services Authority to set up a new insurance company in ...
China’s Anbang Insurance Reportedly Reviewing Assets for Possible Divestments
Anbang Insurance Group Co., the once-acquisitive Chinese insurer that's operating under government control, said it is in the process of reviewing all of its overseas assets amid reports of imminent ...
U.S. P/C Insurers Have Huge Data/Analytics Plans; Limited Understanding a Challenge: Willis Towers Watson
Property/casualty insurers in the U.S. have big plans to boost their use of advanced analytics and data in their businesses in multiple ways, but there are potential roadblocks, according to a new ...
Report: Carl Icahn Sells Off AIG Stake
Billionaire investor Carl Icahn has sold his stake in AIG, Forbes reported on Monday, ending a more than two-year association with one of the largest U.S. property and casualty insurers. The activist ...