Intelligent Insurer News

Moody's expects insurers in both countries to see impact on capital from increased death benefit claims and financial market volatility.

The Society of Claims Professionals advises insurers to be prepared for a surge event.

Fitch says the sector faced pressures from a competitive market environment and low investment yields even before the coronavirus outbreak.

The global reinsurer has named several key executives to head its Asia-Pacific business.

The companies want to enable carriers to make more rapid and accurate underwriting decisions.

The appointee will be responsible for the business that represents approx $2.4bn of annual GWP.

The appointment follows a comprehensive search process to identify a successor to Adam Karkowsky.

New chair says 'this is an important time for brokers to make their voices heard'.

The new additions will expand the international experience and financial industry expertise of its board.

The business consists of group life, disability and absence management products.

Insurers are facing three major types of risks - claims, economic and operational.

Fitch has revised the US health insurance industry's rating outlook to negative from stable.

The company insures a large portion of the UK’s delivery and ride-hailing workforce.

France, Germany, the Netherlands, and the UK's life sector outlook revised to negative from stable.

ISC offers end-to-end insurance platform using artificial intelligence and data analytics.

It says that BI losses will "disproportionately impact specialty rather than standard insurers".

SCOR says the insurance industry has an important role to play in slowing down the spread of virus.

The executives will work towards improving the underwriting and marketing functions.

The executive has provided risk and insurance advice to Scottish firms across all industry sectors.

Maiden's strategic focus in 2020 will be on improving risk-adjusted returns, strengthening capital position and solvency ratios.