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The insurance industry is continuing its technological transformation utilizing Generative artificial intelligence (AI), according to a new report analyzing its uses in the industry. The results of a ...
More than half (62 percent) of U.S. insurers are willing to take on more investment risk in 2024 despite mounting concerns about election year politics, fiscal and monetary policy, as well as ...
Premiums underwritten by U.S. managing general agencies not affiliated with insurance companies reached $33 billion in 2022, and fronting companies wrote another $13 billion in the same year, a new ...
The next three years will be critical to the long-term growth prospects of the cyber insurance market, according to a scenario-led analysis of the market's dynamics report released by Conning, "Cyber ...
The U.S. fronting market, where specialized carriers offer their financial strength rating, licensing and other services primarily to managing general agents (MGAs), has seen dramatic growth in ...
Embedded insurance – a concept in which insurance is wrapped into the purchase of a product at the point of sale - could exceed $70 billion in premium by 2030, according a new report by Conning. ...
With more than 1,000 managing general agents writing roughly $70 billion in direct premiums last year, researchers at Conning believe one growth driver is the fact that the MGA model attracts talent. ...
Global P/C insurance M&A activity was "surprisingly rigorous" in 2020 despite significant challenges created by the coronavirus pandemic, Conning said. Conning tracked $28.6 billion in ...
Inflation, defined as the rate at which prices for goods and services are increasing, tends to occur when prices rise due to increases in production costs or when the demand for a product exceeds its ...
Conning launched a new service designed to help institutional investors assess climate change risks for their portfolios. Berkshire Hathaway Insurance Companies added Indiana, Kansas, Kentucky, ...
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