Markets
Lloyd’s Rolls Out Specialist Underwriting Platform in Dubai
Lloyd's has opened a new specialist underwriting platform in Dubai to provide tailored risk products across the Middle East. This brings the number of Lloyd's businesses trading in the Dubai ...
P/C M&A Worth More Now and Expanding in Scope: Deloitte and Assured Research
M&A activity in the property/casualty industry is increasing in deal value and will likely expand from reinsurers to primary carriers, according to two new industry reports. Deloitte said that ...
Early AI initiatives in personal auto have largely focused on improving efficiency within individual functions, from claims and customer service...
HCC Specialty Forms Strategic Alliance With Weather Analytics
Specialty insurance underwriter HCC Specialty has formed a new strategic alliance with Maryland-based Weather Analytics, an innovative provider of precision climate and weather data and analytics. ...
For Insurers, China and Indonesia Offer Big Growth Opportunities: Aon Benfield
As rapid economic development, population growth and urbanization lead to increased insurance penetration, Asia Pacific represents a key area of growth in the global marketplace, according to a ...
AIG Drawn to Indonesia Shariah Insurance Growth
Indonesia's Islamic insurance industry is expanding three times as fast as Malaysia's, prompting American International Group Inc. and Sun Life Financial Inc. to seek a broader presence in the ...
RBC is Reviewing Its ‘Volatile’ Property/Casualty Insurance Business
Royal Bank of Canada is reviewing its domestic property and casualty insurance business, Chief Executive Officer David McKay said, citing difficulties caused by rules that ban banks from selling ...
A.M. Best: ORSA Won’t Affect Its Ratings Process
A.M. Best said that the new Own Risk and Solvency Assessment (ORSA) requirements taking effect for insurers in the U.S. this year won't affect its ratings process much at all. "Most carrier filing an ...
Executives On The Move at Progressive, Hamilton, QBE and Arbella
We have a number of executive changes and board appointments to tell you about at Progressive, Hamilton Insurance Group, QBE North America and Arbella Insurance Group. Progressive said it has made a ...