FCA warns against lowballing motor claim settlements – International – Insurance News
FCA warns against lowballing motor claim settlements 5 December 2022 The Financial Conduct Authority (FCA) has issued a warning to…
Author: admin
Tough renewals ahead as reinsurers weigh inflation, catastrophe risks – International – Insurance News
Reinsurance pricing has risen since 2018 but the gains may not be enough for reinsurers, whose appetites have taken a…
Swiss Re estimates global nat cat losses at $168 billion – International – Insurance News
Swiss Re estimates global nat cat losses at $168 billion 5 December 2022 Swiss Re estimates global yearly insured losses…
Improved pricing drives reinsurers to 13% premium growth: Gallagher Re – International – Insurance News
Improved pricing drives reinsurers to 13% premium growth: Gallagher Re 5 December 2022 Reinsurers achieved an average 13% rise in…
Active hurricane season ‘serves as reminder’ – International – Insurance News
Active hurricane season ‘serves as reminder’ 5 December 2022 The US Insurance Information Institute (III) has marked the end of…
Annual GWP at Australia’s agencies passes $7 billion – Insurtech – Insurance News
The Underwriting Agencies Council (UAC) says annual gross written premium at Australian agencies is now around $7.5 billion, and technology-enabled…
‘A better way’: QBE Ventures backs aggregator Geosite – Insurtech – Insurance News
QBE Ventures has invested in California-based geospatial data aggregator Geosite, saying the platform does the “heavy lifting” to extract insurance-relevant…
Insurtech Australia adds five members and partners, three directors – Insurtech – Insurance News
Insurtech Australia adds five members and partners, three directors 5 December 2022 Expande and FRISS have become members of Insurtech…
Open IT overhauled to manage demand peaks – Insurtech – Insurance News
Open IT overhauled to manage demand peaks 5 December 2022 Information technology at Open Insurance has been redesigned by CMD…
‘Rigorous protections essential’: AI bias threatens human rights – Insurtech – Insurance News
Without adequate safeguards, algorithmic bias in use of artificial intelligence (AI) might cause discrimination due to age, race, disability, gender…