Industry participants contemplate the unimaginable. Some stakeholders in the insurance industry are contemplating the unthinkable in light of the severe losses the sector is suffering: […]
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Insurance Sector Rallies Relief Efforts in the Aftermath of Hurricanes Helene and Milton
Contributions support relief and recovery operations. Insurance firms and their affiliated organisations are contributing to relief efforts in Florida by doing more than just processing […]
“Google Cloud’s MD Calls for Modernization as Legacy Systems Slow Industry Progress”
Together with IB, Nigel Walsh discusses overcoming regulatory obstacles, data barriers, and the efficacy of AI. Leading a significant revolution in the insurance sector is […]
Why Fear of Missing Out is Driving a Wave of Innovation in Insurance
Forestview Insights’ founder and CEO, Rob Galbraith, discusses the importance of market openness. The CEO and founder of Forestview Insights, Rob Galbraith, has worked closely […]
Bristol-Myers Sued Over Controversial $2 Billion Pension Deal with Athene
Retirees allege the agreement violated their fiduciary duties. Bristol-Myers Squibb Co is facing a class-action lawsuit over a $2 billion pension risk transfer agreement negotiated […]
SCOR Report Explores Ideal Solvency Ratios for Insurers
What is the appropriate risk-to-capital balance? SCOR’s most recent report digs into the best solvency ratio for insurance businesses, focussing on the essential balance of […]
$144.7 Billion Forecast for Benefits Administration Market by 2028
Rising utilisation of automation and cloud solutions to support growth Technavio predicts that the global benefits administration service market would rise by $144.7 billion between […]
MAS Tightens Oversight on Reinsurance Contracts
Insurers face audits due to IAIS issues. According to industry insiders, the Monetary Authority of Singapore (MAS) is increasing its inspection of Singapore insurers, particularly […]
Aon Subsidiary Sues Chinese Lender Over Vesttoo Fraud Allegations
“The bank needs to be held responsible for the damage it has caused.” Aon subsidiary White Rock has sued China Construction Bank (CCB) for its […]
Inszone Insurance Expands Pacific Northwest Presence with Potter Acquisition
National broking snaps up. Firm in the Seattle region Inszone Insurance Services has increased its presence in Washington State with the acquisition of Potter Insurance. […]