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As part of AXIS Capital’s transformation initiative to strengthen its operating model, the firm expects to deliver an additional run-rate cost savings of $40 million over the previously announced $60 million related to the integration of Novae, the company said while presenting the first quarter 2018 results. 26 April 2018
News
At the April 1, 2018, renewals, SCOR Global P&C grew gross written premiums by 13.5 percent at constant exchange rates to €505 million, the company said while presenting the first quarter 2018 results. 26 April 2018
Insurance
Getting the basics right is vitally important as insurance technology accelerates, according to a panel of industry experts at the Intelligent Automation in Insurance: unlocking the artificial intelligence revolution conference, taking place in London today. 26 April 2018
Insurance
The impact of automation on the insurance industry is happening at a staggering pace, according to Michael Donnellan, executive business process services leader at DXC Technology. 26 April 2018
News
French reinsurer SCOR has improved its combined ratio and increased profits in the first three months of 2018. 26 April 2018
Insurance
Bermuda-based Sompo International Holdings, a specialty provider of property and casualty insurance and reinsurance, has appointed John (Jack) Kuhn to the new role of chief underwriting officer (CUO) for Sompo International’s property & casualty (P&C) business. 25 April 2018
Alternative Risk Transfer
Alternative capital has reloaded after the major nat cat events in 2017 and is in good shape to compete for cedants with the traditional reinsurance players and cause further pressure on rates, as recent market reports by Aon Benfield and Fitch Ratings suggest. 25 April 2018
Insurance
e2Value talks about its web-based property valuation tool that leverages both intelligent automation and AI, as CEO Todd Rissel tells Intelligent Insurer. 19 April 2018
News
The ways risks are likely to change due to artificial intelligence (AI) are manifold, presenting many challenges to the insurance industry, but they are the subject of much current debate and development, as Allianz and SCOR suggest in their reports. 13 April 2018
Insurance
Large primary carriers are re-entering the reinsurance market after having largely abandoned the sector in the 1990s and early 2000s, according to Willis Re CEO James Kent. 3 April 2018
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