A statistic being frequently cited in the industry alarmingly suggests that 98.9% of underwriters will be replaced by automation in coming years. Reactions considers this, and whether incumbent underwriters should be worried.
Asbestos-related losses are now expected to cost the P&C industry up to $100bn as of the end of 2017, according to the latest analysis from Fitch Ratings.
Damian Cleary joins BLM as head of London Market, and Gavin Coull as head of reinsurance, both join from the London office of US based law firm Foran Glennon.
Willis Towers Watson veteran Mary Botkin will lead the firm's healthcare practice.
Former MS Amlin senior real estate underwriter Christopher Box has joined European Property Underwriting Ltd as it looks to grow into the UK and European property owner risks space.
The London Insurance and International Brokers Association (LIIBA) has created the Broker Delegated Authority Working Group (BDAWG) to focus on current issues such as GDPR and Brexit.
In a region shrouded in political turmoil, the insurance sector has been a slow burner, but Africa’s boom in mobile use could see the industry flourish.
The number of managing general agents is on the rise as underwriters go it alone and set up their own ventures with the support of industry capital backers.
The small Malaysian island is competing strongly with well know reinsurance hubs Singapore and Hong Kong as the tax free haven sees premium growth
In this month's Reactions