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US auto insurance rate increases The countrywide average will have increased by double digits in back-to-back years if this trend continues for the remainder of 2025. For several years prior to the ...
Beryl experienced an eyewall replacement cycle, weakening slightly, but regained strength and made landfall in Carriacou, Grenada as a strong Category 4 hurricane with winds of 150 mph (see how U.S. P ...
Global reinsurers delivered strong results in the 2024 with further improvement in underwriting profitability, exceptional ROEs. The underlying underwriting margin increased from 2.7% a year ago to 4% ...
The Los Angeles wildfires are expected to be a major catastrophic event for the insurance industry. However, analysts indicate that the insurance and reinsurance sector remains well-capitalized to ...
The Bloomberg Billionaires Index ranks the world’s richest people globally, updating their net worth daily based on stock market performance, economic conditions. Beinsure Media analyzed Bloomberg’s ...
The insurance-linked securities (ILS) market reached a record $107bn in capacity by the end of 2024. AM Best Director of ILS Matt Tuite attributes this expansion to strong investor returns, rising ...
UK insurtech Hyperexponential, the pricing decision intelligence (PDI) software, announced completion of its $73 mn Series B funding round led by global technology-focused investment firm Battery ...
Insurers in Central and Eastern Europe and Italy are facing estimated losses of €1.886 bn from Storm Boris, which brought devastating floods to the regions, according to Perils. Storm Boris swept ...
As electric vehicles (EVs) gain popularity, the insurance industry is also adapting to meet the unique requirements of eco-conscious drivers. Standard auto insurance policies do not adequately address ...
Daniel Meier – Life & Health R&D Manager, CUO L&H Reinsurance at Swiss Re Daniel holds a diploma in Mathematics and a PhD with honours in Computer Science, both from University of Konstanz in Germany.
The insurance industry, long perceived as traditional and often bogged down by complex paperwork and delayed claims, is on the cusp of a transformative revolution. This change is being driven by ...
Insurance Europe has urged the European Commission (EC) to withdraw its proposed Artificial Intelligence Liability Directive (AILD), arguing that it could lead to legal uncertainty and hinder ...
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