A quick update from Insurance Europe for you; European insurers have welcomed the agreement reached by the International Association of Insurance Supervisors (IAIS) on its Insurance Capital Standard (ICS) project. Insurance Europe welcomes the decision, given […]
The latest acquisition news from Verlingue; The insurance broker Verlingue, a subsidiary of the Adelaïde Group, announces its acquisition of ProConseils Solutions, a major player in the insurance brokerage market in French-speaking Switzerland. This strategic […]
Some further research on any link between high speeding fines and fewer accidents would be useful for insurers. In the meantime, here’s the raw data on typical fines. Speeding tickets are a very common deterrent […]
Latest update from Insurance Europe as insurers try to limit liability when it comes to decisions made by AI. This is going to be an area where test cases and class action lawsuits reach higher […]
Solvency is good, we all want to know that if large claims come in insurers will be able to deliver on their promise. But you can have too much cash tied up, which means a […]
The word from Guy Carpenter after the flooding in Central Europe; The estimated market losses from the September 2024 floods stand between EUR 1.6 billion and EUR 2.1 billion. Although the region faced significant rainfall […]
Some analysis of the costs associated with the recent flooding in Central Europe; The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that insured industry losses from […]
The value of assets in the way of floods continues to rise and this is especially true of regions like Eastern Europe, or some parts of Asia, where 10-15 years ago infrastructure was not so […]
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