United States of America (USA)
Guidewire 2017: Chatbots could aid in compliance and fraud fighting
Chatbots have the potential to help insurers meet regulatory demands as well as using machine learning to flagg up potentially fraudulent behaviour.
Amex winds up its travel insurance business
Exclusive: American Express has placed its travel insurance business into run-off, as part of a wider restructure of its insurance unit.
Insurers 'shouldn't underestimate Amazon'
Insurers shouldn't underestimate Amazon in its plans to expand into insurance, a conference heard.
Guidewire 2017: 95% of investment in distribution 'will be wasted'
Investment made by insurers into new distribution models and technology could be wasted, a conference heard.
Guidewire 2017: General insurance to lead the way in digitalisation
General insurance is 'the ideal industry for digitalisation' because of the resources of incumbents, a conference heard.
Insurers divest $20bn from coal
Insurers are divesting an estimated $20bn (£15bn) in equities and bonds from coal projects, according to the Unfriend Coal campaign.
Munich Re posts €1.4bn Q3 loss as nat cats weigh on results
Munich Re has posted a €1.4bn (£1.2bn) loss for the third quarter as the impact of natural catastrophes in the US and Caribbean take their toll on results.
Analysis: Energy risks: negative energy?
The insurance industry is worried about the energy sector. This already complicated and fragmented industry is getting more complex, especially with pressure from governments to increase production from renewable sources, just as the risks it faces are…
JLT outlook remains confident as headwinds fail to hamper results
Insurance and reinsurance provider JLT does not expect the recent wave of natural disasters to affect its full year out-turn and believes it will deliver organic revenue growth for 2017.
Hiscox reports hardening in market due to catastrophes
Hiscox's London market business will increase its capacity by £450 million to £1.6 billion in anticipation of a market turn due to major catastrophe losses.
Chubb and Lockton in the firing line over ‘murder insurance’
Chubb and Lockton have been targeted by anti-gun campaigners for providing what is described as “murder insurance” to gun owners.
Lancashire hit with $136.4m Q3 loss
Lancashire Holdings reported a $136.4m (£102.8m) pre-tax hit in the third quarter of the year, owing to “extraordinary” natural disaster losses.
Spotlight: Drones: Taking flight
Fast food and parcel deliveries by drones seemed a fantasy just a couple of years ago but it is now close to reality. Wherever you look, they are in the air. They are being flown by leisure users, the French police, UK lifeboats, Indian railways, oil rig…
Buzzmove awarded $500,000 in Venture Clash competition
Buzzmove has been awarded $500,000 (£379,506) in the annual Connecticut County Venture Clash competition.
R&Q takes on Prosight Lloyd's syndicate in run-off
R&Q has reached an agreement with Prosight Specialty Insurance to manage Syndicate 1110 in run-off.
Blog: Reacting to turmoil
Michael Lynch, head of partnerships for Minster Law, believes insurers can bring certainty to those they help.
QBE Ventures invests into Risk Genius
QBE's insurtech investment fund QBE Ventures has invested in insurance policy machine learning firm Risk Genius.
Brit expands US offering with senior cyber hire
Brit has appointed Courtney Mocio as vice president, cyber and technology at Brit Global Specialty USA.
Lloyd’s market and international consolidation in the cross hairs at BP Marsh
BP Marsh has affirmed its confidence in the Lloyd’s and London insurance market as target growth area as the sector investor looks to diversify its book with overseas business.
Hamilton appoints Munich Re chief Giuseppina Albo as CEO
Munich Re board member Giuseppina Albo is leaving the group to become CEO of Hamilton Insurance Group.
BP Marsh sees profits double from asset sales
Insurance-sector investor BP Marsh saw profits more than double to £10.2m in the six months to 31 July.
Lloyd’s writes $738m cheque to cover Harvey, Irma and Maria
Lloyd’s of London has paid $738m for Harvey, Irma and Maria claims.
NBC Universal loses $6.9m case against insurer over ‘war’ exclusion
NBC Universal has lost a legal battle with its insurer after it was forced to relocate the filming of a TV series when conflict broke out in Jerusalem.
Hiscox predicts ‘market turn’ following record catastrophe losses
Hiscox will increase its capacity by £450m next year in anticipation of a “widespread market turn”.