The right to human review of decisions made fully by computers should not be removed ‘while AI is still in its infancy’, the professional body for IT has warned. A government consultation on personal data […]
Munich Re Ventures, the venture capital arm of Munich Re Group, today announced it has closed its new $500 million Munich Re Fund II. With the addition of this fund, Munich Re Ventures will invest in early […]
According to Insuramore’s global rankings, the top ten P&C (non-life) insurer groups accounted for 25.3% of total P&C gross direct premiums written worldwide in 2020 (down marginally from 25.5% in 2019). In descending order, the […]
Cyber exposures accumulating in the US property insurance market could result in $12.5bn in non-physical damage losses and could cause certain carriers’ capital adequacy ratios to deteriorate. According to a new study conducted by CyberCube, […]
Howden, the international insurance broker, today announced the acquisition of Oslo-based retail broker Aneco. The acquisition affirms Howden’s strong position as one of the leading non-marine insurance brokers in Norway, providing clients with greater choice and a […]
An online YouGov study of 1,731 UK drivers commissioned by The Motor Ombudsman has revealed that six in ten (61%) respondents would consider getting behind the wheel of an electric car if they were to […]
Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a £760 million buy-in with the Sanofi Pension Scheme (“the Scheme”), securing the benefits of c2,900 retirees. Today’s transaction represents […]
Appointed representative network principal, Gauntlet Group, has launched a new differentiator for its appointed representatives (ARs), announcing a major investment in an Acturis-backed quote-and-buy facility to be offered to every Gauntlet AR. Gauntlet announced its […]
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