Gen AI prophecy turns reality as insurers count cost benefits
July 1 2024 by Georgina Lee
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Exclusive: Carriers staring at US$1bn+ losses from New Caledonia civil unrest
- July 4
QBE and Allianz’s estimated net exposure to the event have exceeded US$215m each from political violence in the French overseas territory near New Zealand, IAN understands.
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Capacity loading at the front end driving rate softening for Asia aviation market
- July 3
With the outcome of major disputes relating to Russia-Ukraine and Boeing 737 Max still uncertain, additional retail capacity in the regional aviation market is steering rating.
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APAC pricing stabilises at 1.7 renewals as global capacity hits record US$695bn
- July 2
With more capital coming to the table, reinsurance rating reductions were in order, though loss-affected territories bucked the wider trend.
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Carriers look to Asia, Europe for cyber growth as North America addresses challenges
- June 28
With the US cyber market under pressure, the market in the region needs to hold its nerve if cyber combined ratios are to remain respectable as it navigates the second half of the year.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
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CCi | LEG3/06: A delay analyst’s perspective on defect exclusions
Tackling contentious issues by applying the learning from the industry’s collective experience is key to improving the claims experience, writes CCi’s Steven Horne.
