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The integration of new technologies into the claims ecosystem is gathering pace as insurance and reinsurance organizations seek to enhance both the speed and accuracy of payments. One example is the ...
Chubb beat estimates for quarterly profit on Tuesday as higher returns from its investments cushioned a hit from catastrophe-related claims. Investment income, which had slumped for most insurance ...
Farmers Insurance will soon use a digitally controlled, four-legged mobile robot to assist with in-field catastrophe claims handling and non-catastrophe property inspections. Plans call for debuting ...
Swiss Re, the world's second-largest reinsurer, estimated its claims burden from hurricanes Harvey, Irma and Maria in the United States and from two earthquakes in Mexico at roughly $3.6 billion in ...
Zurich Insurance Group AG fell in Zurich trading after posting a quarterly profit supported by one-time gains as Chief Executive Officer Mario Greco presses ahead with an overhaul of Switzerland's ...
Insurers Aviva Plc and RSA Insurance Group Plc shrugged off any fallout from the Brexit referendum by reporting higher first-half profit and increasing shareholder payouts. The shares rallied in ...
Axa, Europe's second-biggest insurer, reported a weaker than expected 4 percent rise in its first-half net profit, hit by lower investment returns, higher claims and despite a boost from real estate ...
Swiss Re AG, the world's biggest reinsurer, said profit fell in the second-quarter as the company paid more for catastrophe claims including earthquakes in Japan and forest fires in Canada. Net ...
Global disasters led to at least $7 billion in claims during May as insurers aid the recovery process following wildfires, floods, and storms, according to Impact Forecasting, Aon Benfield's ...
We're moving through hurricane season, and once again it's been a quiet catastrophe year. Thirty-one events have led to insured losses of only $11.2 billion across 39 states and two Canadian ...
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