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The global insurance suites software market is expected to see significant growth in the coming years, according to a recent research study by AMA Research, and this is being driven by industry leaders, including Guidewire, Socotra and Accenture.
Chubb, the global insurance giant, reported a 12% rise in first-quarter core operating income, reaching US$1.84 billion.
The vast majority of companies that will need to implement AI regulations over the next few months, are not adequately prepared to carry them out, new data reveals.
The UK is facing considerable upheaval over the next few months in response to financial, political and social changes, reports suggest.
The reinsurance sector has delivered record-high ROE; and digital maturity strongly correlated with high insurer performance, reports ACORD
According to Fitch Ratings, the three major European insurance groups – Allianz, AXA, and Zurich – have effectively managed the effects of the macroeconomic environment, such as high inflation and interest rates.
Lloyd’s has joined the British Insurance Brokers’ Association as its 21st partner.
Insurance giant AXA UK has released a report that reveals that stress endured in the workplace is costing the UK US$34 billion annually.
MAPFRE’s assistance division, recently renamed as MAWDY, and the Italian insurance company VITTORIA ASSICURAZIONI have reached an agreement that will provide assistance services to the Italian market.
According to a report by AM Best, the US P&C industry experienced a net underwriting loss of $26.5 billion in 2022.
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