Category: Reports

The world’s leading marketplace for insurance and reinsurance, Lloyd’s, commanded gross written premium of £29.3 billion in H1 2023, up 21.9% from £24 billion in the same period in 2022.

Despite all the bad news on the backs of wildfires and hurricanes, commercial property insurance is a market that is thriving globally in the face of adversity, with The Hartford, Next Insurance, Obie, Hiscox and Nationwide, leading the industry in growth.

Moody’s Investors Service has indicated that reinsurance prices are poised to experience further upward momentum across all sectors in the year 2024, continuing the trend observed in recent times.

Nia Batten, Head of Cloud and Platforms at esynergy, discusses the escalating costs incurred to companies still reliant on legacy systems

In another significant development impacting California’s beleaguered homeowners’ insurance market, USAA looks set to curtail its operations within the state.

Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured losses to onshore property for Hurricane Idalia will range from US$2.5 billion to $4 billion.

Clark UK, the UK’s fastest-growing life insurance and protection business, has announced the appointment of Joshua Sargent as its new CEO.

The insurance industry, notorious for its sluggish approach to innovation, has clung to static, paper-based documentation for over 300 years, despite advancements in technology

The State of Ohio has launched two new VC funds designed to support technology-based companies as part of a drive to support growth  to Diversity, Equality and Inclusion driven companies in the Silicon Heartland.

China Re, the leading reinsurance company in China, has announced a noteworthy achievement of a net profit amounting to RMB 2.067 million in the first half of 2023.