- Marsh launches Cyber Incident Management service to assist UK and European clients in responding to cyber events
- Marsh adds Beazley to ESG Risk Rating roster
- Gallagher Re invests in climate risk resilience and adaptation offering with new global practice
- Vulnerability a key driver of emerging-world climate policy commitments, states new WTW analysis
- COVID-19 brings the future of healthcare closer
- Microinsurance Network 2021 Annual Report now available
- Duck Creek leads a new era in reinsurance software with its agreement to acquire cloud-based solution, Prima XL expired
- Helvetia selects NeoXam to support tech expansion project expired
- McKenzie Intelligence Services and Geo-Data Specialist, Fugro announce key partnership expired
- Fusion Specialty expands global M&A insurance footprint with senior industry hires for launch in the London Market expired
- Mexico’s general insurance industry to reach $26.1 bn -GlobalData expired
- PFS challenges FCA approach to compensation expired
22nd May 2022
Newslink Global Insurance Trends-Editor's Weekly Highlights
This week, volunteers who lead the Chartered Insurance Institute(CII)’s 56 Local Institutes, 26 Personal Finance Society(PFS)’s regional committees and five membership societies met at the Ambassadors in Action conference in Birmingham to reflect on their shared purpose and good practice in supporting members. The Geneva Association released a research report-"Financial Wellbeing: Is it the key to reinventing life insurance?", and Insurance Europe published its response to a consultation by the European Commission(EC) on its proposal for the Data Act.
FRISS announced that its Accelerator for Underwriting Risk Assessment was now available in Guidewire Marketplace, whilst Guidewire reported the release of Elysian, the latest in a series of market-defining cloud releases. Real Vida Seguros and Munich Re joined forces in a digital Life insurance underwriting project. Verisk Specialty Business Solutions announced the addition of Arch Insurance International to its ‘Sequel6’ collaboration with market-leading Lloyd’s insurers. RMS launched a new cloud-based application UnderwriteIQ and also announced it will be releasing four new High Definition(HD) models, including Europe Windstorm, North America Winterstorm(WT), North America Severe Convective Storm(SCS), and Terrorism. In the US, Sentry signed with Praedicat to get early warning of systemic casualty risk. WTW announced the launch of the newest version of its Radar pricing software, and MSIG Asia selected Clearwater Analytics for investment analytics and investment reporting.
Allianz reported the resolution of US governmental investigations concerning Structured Alpha, and became the majority shareholder in Jubilee General Insurance Company of Tanzania. SCOR announced further steps to fighting climate change at its AGM. Financials included those from Aviva, Talanx; Convex, IGI, PartnerRe; and Ardonagh. There were senior appointments at Catalina and SiriusPoint.
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