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| | | | | | | Nothing Assumed | | | Reinsurance podcast with Marcus Winter
Systemic cyber risk and market sustainability | | | | | | | | Munich Re US | | |
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| Today's Headlines | September 12, 2022 |
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| Uncertain times are challenging for reinsurers. Claims may jump, and investment losses may dent profitability and possibly capital. However, uncertain times can also be good for reinsurers. Demand for reinsurance protection is high, competitive pressures are easing, and pricing power is strong. This year has been full of challenges. Climate change-related natural catastrophes have increased... read more |
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| Just a few days before the official start of the Wholesale & Specialty Insurance Association annual meeting, AIG's chief executive officer gave his take on the dominance of wholesalers in the specialty insurance market. Peter Zaffino, president and CEO of American International Group, began a presentation at the Keefe, Bruyette & Woods Insurance conference last... read more |
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| Insurance has long been a one-dimensional purchase – you buy it and keep the policy until you need it. The problem is that the interaction is largely one-sided, and most people never actually make a claim or reach out to their insurance company. However, the way ...read more |
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| AM Best said it held the belief that the U.S. personal auto line would right the ship following weakening performance in 2021, but headwinds such as inflation remain too strong, and the rating agency revised its outlook for the segment from stable to negative. Recent financial results in personal auto also led AM Best to... read more |
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| While Lloyd's reported a strong underwriting profit during the first half and its best combined ratio in five years, similar to many insurers it saw an overall loss as a result of its investments. Underwriting profits for the first six months came to £1.2 billion ($1.4 billion) compared with £963 million ($1.1 billion) in H1... read more |
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| While the 2022 Atlantic hurricane season has seen slower activity at the beginning, experts are warning that doesn't mean insurers and their clients should let their guards down. In fact, the U.S. Department of Commerce's National Oceanic and Atmospheric Administration said in its annual mid-season update that atmospheric and oceanic conditions still favor an above-normal... read more |
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| Aon plc, the global professional services firm, has launched a Strategy and Technology Group (STG) to bring together a wide range of expertise and technology solutions — designed to help property/casualty and life re/insurance clients build resilience. Developed over the past year with a 400-strong global team, STG combines strategic consulting—including claims efficiency, performance benchmarking,... read more |
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| Aviation regulators approved designs for the first flying drone built specifically for shipping packages, a major step forward for the fledgling remote delivery industry. Matternet Inc.'s Model M2, a four-rotor copter capable of carrying a 4-pound (1.8-kilogram) package, is considered safe and reliable, the Federal Aviation Administration said in a statement Wednesday. Winning regulatory permission... read more |
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| Insurers face formidable challenges when it comes to the end-to-end handling of ...
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| Artificial Intelligence is going to be a major key to growth in this decade. ...
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| Arturo's Hurricane Exposure Report analyzes 17,398,366 single-family residences ...
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| Transformative projects are never easy, but with the wisdom of your peers, you ...
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| Analyzing data from 8,520 consumers, this new report from GIACT (a Refinitiv ...
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