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Artificial Intelligence

Insurers must be held back in public data scramble

There must be limits to the way our publicly available data is accessed and used by private organisations such as insurance companies. I am as enthused about social media as anyone, but a free for all backed by the resources of a £20bn industry cannot be enabled without a substantial ethical debate. […]

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Global insurance trends

JLT warns investors over Jordan/Syria axis

King Abdullah of Jordan is entering a critical period for his regime, claims Elizabeth Stephens, Head of Credit and Political Risk Analysis for global insurance broker JLT. The conflict between government forces and the Free […]

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Global insurance trends

Major risks threaten frontline services says Zurich report

The future of many hospitals, local authorities and charities is at stake as the UK faces an increase in major incidents, warns a new report out today. The Risk and Response report, produced by Zurich […]

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Insurance claims

Insurers slam delays in Riot Act payments

Insurers reacted quickly to help customers hit by last August’s riots, but the riot compensation scheme failed too many Londoners the ABI (Association of British Insurers) said today at the London Assembly. With latest figures […]

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Insurance & Reinsurance

Killing the joy in killjoy

If I was a broker, I wouldn’t be celebrating just yet – these conflicting statements do little more than make it clear that anything could come out of this review. The market is not out of the woods yet so I’d advise brokers to put away the party hats for now. […]

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Global insurance trends

Groupama UK keeps distance from S&P downgrade

Following the decision today by Standard & Poor’s to downgrade the security rating of Groupama Group, François-Xavier Boisseau, CEO at Groupama Insurances in the UK said: “Although as a Groupama subsidiary we are associated with […]

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Global insurance trends

Majority of insurers planning Solvency II shift

Insurers are preparing for the introduction of Solvency II by changing their approach to calculating capital adequacy requirements, according to a report out today. Conducted by the Economist Intelligence Unit, the latest edition of the […]