Lloyd’s, the world’s leading marketplace for insurance and reinsurance, today announces its Full Year 2023 financial results, which demonstrate solid profitability on both the underwriting and investment sides, and a strong balance sheet.
Tag: insurance
Gamma Iota Sigma Unveils 2023 Recruiting Survey Data at 52nd Annual International Conference
Gamma Iota Sigma (GIS), America’s premier risk management, insurance and actuarial science-focused collegiate talent organization gathered 900 industry professionals and students and faculty from 69 colleges and universities for its 52nd Annual International Conference in Baltimore on September 28 and 29.
Colorado Wants to Prevent AI-Driven Discrimination in Insurance
Colorado officials want to ensure that residents’ social media habits, credit scores and other less traditional customer data cannot be used against them when shopping for insurance.
FTX’s Crash Exposed Insurance Challenges that Risk Impeding the Crypto Sector Recovery
Digital-asset platforms lack insurance unlike stock brokerages.
Private Equity Taps Insurers’ Cash to Speed Up Growth
Investment firms on the cutting edge of finance are turning to one of Wall Street’s oldest industries to help them grow: insurance.
Insurance Companies Are Refusing to Cover Certain Hyundai and Kia Models
Two of America’s largest auto insurers, are refusing to write policies in certain cities for some older Hyundai and Kia models that have been deemed too easy to steal.
Verisk to Help Insurers Respond to Changing Wildfire Regulatory Environment in CA
Verisk is ready to assist the industry in navigating new wildfire regulatory requirements in California.
Beazley: Inflation Worries Businesses and Their Insurers
The war in Ukraine has rapidly disrupted global trade in key commodities like grain, oil and gas, exacerbating an existing background of energy shortages and rising costs. It is therefore not surprising that our latest Risk and Resilience survey shows inflation, in particular, is one of the key factors worrying business leaders, nor that they… Continue reading Beazley: Inflation Worries Businesses and Their Insurers
Munich Re Doesn’t Expect Significant Impact from Coronavirus Pandemic
Munich Re doesn’t expect the coronavirus pandemic to have a material impact on its results for this year but said that, should the virus continue to spread, the effects could be stronger. “From today’s perspective, Munich Re does not expect the consequences of the coronavirus to have any overall material effect on the annual result,”… Continue reading Munich Re Doesn’t Expect Significant Impact from Coronavirus Pandemic
Brexit Is Here: What Now?
The European Parliament gave the green light, so the UK will formally leave the EU tomorrow, January 31, with a withdrawal deal – and it will then go into a transition period that is scheduled to end on December 30, 2020. During this period the UK will effectively remain in the EU’s customs union and… Continue reading Brexit Is Here: What Now?