Global Insurers Navigate Challenges with Successful Underwriting and Investment Approaches In the second quarter of 2022, the ACORD Global Insurance Stock Index posted a return […]
Category: Insurance
Bain Capital Hits $1.15 Billion Target for Insurance-Focused Fund
According to Reuters, a top official at Bain Capital LP said that the private equity company has successfully raised $1.15 billion for its first insurance-specific […]
ILS Insurtech Launches Investigation Amid Alleged Fraud
ILS Insurtech Takes Swift Action in Response to Alleged Fraud After news reports of potential fraud involving letters of credit for reinsurance transactions it was […]
Historic Catastrophe Losses Weigh Down Travelers’ Profit
[per REUTERS]-On Thursday, Travellers Cos. Inc. announced a quarterly profit that was down 98% from the previous year. This was due to strong wind and […]
Unprecedented Increase in US Auto Claim Severity Linked to Pandemic Impact
Recent Report Provides Valuable Insights into Auto Insurance Claims According to a recent analysis published by the Insurance Research Council, the United States had a […]
Evertas Makes Major Move: Acquires Pioneering Crypto Mining Insurer, Bitsure
Evertas, a specialised insurance provider for cryptocurrencies, has recently made the announcement that it will be acquiring Bitsure, a provider of insurance for cryptocurrency mining […]
Reflecting on ‘Auld Lang Syne’: Key Insurance Insights for 2023
The industry must not forget “times gone by” When the clock hits midnight on New Year’s Eve, the first thing I do – after raising […]
Property Cat Reinsurance Rates Soar by Up to 35%, According to Aon
Understanding the Impact of Rising Property Cat Reinsurance Rates According to a research that was released on Thursday by Aon PLC, risk-adjusted rate increases for […]
AI and Prescriptive Analytics Revolutionize Industries, Projected to Generate Over $100 Billion in New Premiums: Aon Report
Aon, a broker for insurance and reinsurance, predicts that automated decision-making enabled by artificial intelligence and prescriptive analytics will generate over $100 billion in […]
Invest Unveils Insurance Scholarships Program
$30,000 in scholarships awarded to five students Insurance education program Invest has announced that it has awarded $30,000 in scholarships to five students who […]