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News
Insurers working across the Commonwealth Independent States (CIS) of former Soviet Russia can expect to see further consolidation in their sector, according to the latest special report from AM Best. 29 January 2019
Insurance
Broker Brown & Brown enjoyed strong growth in 2018 though its profits dipped because of the effect of a one-off tax boost it enjoyed in 2017 triggered by US tax reforms. 29 January 2019
Insurance
Insurer Allianz has launched a new digital platform that uses artificial intelligence (AI) to create what it calls the "first truly automated end-to-end digital solution for Stage 3 claims". 28 January 2019
Insurance
French insurer AXA has deployed new artificial intelligence (AI) bots to assist its property claims, commercial property and liability teams. 28 January 2019
Insurance
London-based EC3 Brokers has launched a new venture from the Dubai International Finance Centre from which it will target growth in the Middle East and Africa and hired an executive from JLT Re to lead this process. 28 January 2019
Insurance
Health insurer Aetna, part of US drugstore operator CVS Health, has entered into a four-year reinsurance arrangement with Vitality Re X as part of its long-term capital management strategy. 28 January 2019
News
A report by the UK’s Financial Conduct Authority (FCA) that will assess competition in the wholesale insurance broker sector dominate the International Underwriting Association’s (IUA) agenda, alongside Brexit, in 2019, the representative body has said. 28 January 2019
Insurance
Energy supplier Pacific Gas & Electric Co (PG&E), which has been accused of starting several of the wildfires that decimated parts of California last year, has been cleared of causing the Tubbs Fire by the California Department of Forestry and Fire Protection (Cal Fire), which is responsible for determining the origin and cause and of wildfires. 28 January 2019
Insurance
The UK and Switzerland have signed a deal to ensure insurance businesses from both the countries can continue to trade freely with each other after Brexit. 25 January 2019
Insurance
US insurer Travelers posted record net written premiums and a big jump in profits in 2018 despite several costly catastrophes during the year. 22 January 2019
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