Telematics market to hit US$2.21bn by 2020
December 16 2015 by InsuranceAsia News-
Gen AI prophecy turns reality as insurers count cost benefits
- July 1
Artificial intelligence, blockchain and embedded solutions are delivering tangible cost savings and enabling more competitive premium rates, senior insurance executives told an industry forum.
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Australia’s 2024 insured nat cat losses top US$1bn: ICA
- June 13
The country saw three weather events this year leading to 144,772 claims with the Christmas and New Year storms accounting for AU$1.3bn, data from the industry body shows.
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Taiwan non-life sector returns to profitability in 2023
- February 5
Pre-tax profit for the non-life sector totalled US$557m as the drag from Covid-19 related losses eased.
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Unwillingness to deploy capacity comes from too many surprises in the covers: Allianz Re’s Steimen
- November 17
The (re)insurance industry needs to make sure that it understands the risks via the use of models and has to invest more into better data as economic growth in Asia keeps driving losses up.
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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.
