News

Few industries remain untouched by artificial intelligence, and insurance is no exception. 29% of insurers globally already use AI—a figure expected to rise ...
Dawn Miller, Chief Commercial Officer at Lloyd’s and CEO of Lloyd’s Americas, has outlined for BestWire a growing divide between the insurance industry’s public perception and its real-world influence ...
Canada’s climate risk strategy spans planning, legislation, financial regulation, federal operations and international engagement ...
Motor insurers are ramping up their presence in the UK’s electric vehicle (EV) segment as battery electric vehicles (BEVs) continue to capture a growing share of new car registrations. According to ...
Meanwhile, the Bitcoin-denominated life insurance company, announced the appointment of Michael Grob as Group Head of International Distribution and Chief Trust & Fiduciary Officer. Grob brings over ...
Dynamic trends are influencing the size and complexity of claims around the world. Proactive claims management can help organizations recover swiftly after a loss event and manage potential claims ...
Norway launches a 6-month pilot urging tankers in its EEZ to disclose insurance, targeting shadow fleet risks and aligning with regional maritime safety efforts ...
InsurTech unicorn describes startups that are valued at more than $1 bn. Global InsurTech funding stabilizes and is expected to reach $4.2 bn by the end of 2024 after insurtech funding fell to $1 bn ...
Discover the Top Global Insurance Media Ranking based on traffic, influence, content quality, SEO performance, and industry relevance ...
U.S. automobile liability direct premiums written increased 12% to $256.6 bn, with top-ranked Progressive Insurance Group posting a 21% rise to $44.1 bn ...
The unpredictability of such events may also lead insurers to withdraw from high-risk areas. Low awareness of risks and reliance on government disaster aid further suppress insurance adoption among ...
The insurance-linked securities (ILS) market reached a record $107bn in capacity by the end of 2024. AM Best Director of ILS Matt Tuite attributes this expansion to strong investor returns, rising ...