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The insurance industry in the Philippines experienced a slight decline in net income, reaching nearly P10 billion in the first quarter, primarily driven by a drop in the life insurance segment.
Global insurer MAPFRE has released a comprehensive research report urging the insurance industry to embrace artificial intelligence (AI) responsibly, safely, and reliably.
Bdeo, a rapidly growing technology company specialising in Visual Intelligence for the insurance and fleet industries, has successfully raised an additional $8.2 million in funding to fuel its international expansion and solidify its position in Europe and Latin America.
Zurich Financial Services Australia has named Matt Paterson as the Chief Claims Officer for Australia and New Zealand.
Patrick Gallagher, the Chief Executive of Gallagher, one of the world’s largest insurance brokers, has stated that insurance prices are set to continue their upward trajectory for “a couple of years at least” as inflation takes its toll.
US insurers are facing a greater impact from inflation compared to insurers in other countries, leading to higher costs for property and vehicle repairs, according to a report by the Insurance Information Institute (Triple-I).
The cyber insurance market is predicted to reach US$64.49 billion by 2030, with CAGR of 26.57%, according to a new report by Market Research Future (MRFR), that says industry leaders including Chubb, AXA, Zurich and Beazley are driving growth in the sector.
Monstarlab and IptiQ by Swiss Re, have teamed up to present a new report on the health insurance industry, that examines ways to reduce costs and improve risk factors.
As AXA, Allianz and Sompo join the list of insurance giants exiting from NZIA, GFANZ co-chair, former Bank of England Chairman, Mark Carney, points the finger at political pressure
AgentSync’s Holly Monroe explores the data revealed in the NAIC’s 35th Insurance Department Resources Report
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