InsureTech

Omniscience Teams Up With Sompo Himawari on AI Health Data

Omniscience has announced that Sompo Himawari Life Insurance Company has adopted Omniscience artificial intelligence (AI) technology as part of a new consumer service. This Omniscience technology is an important onramp for Computational Insurance™. “An entirely […]

Business

Latest Hannover Re Results Show Good Start to 2020

Hannover Re boosted its result by 2.5% in the first quarter. Key drivers here were double-digit increases in earnings from life and health reinsurance as well as from the investment portfolio. “In the first quarter […]

Global insurance trends

GlobalData Report Sees Downturn in Japan’s Motor Insurance Market

Motor insurance, which is a dominant business line in the Japanese general insurance market, is set to witness stagnation over the next four years due to the coronavirus (Covid-19) outbreak, says GlobalData, a leading data […]

News

Japan Post Execs Resign Over Insurance Compliance Issues

The latest from Reuters; The heads of Japan Post Holdings Co Ltd and two affiliates said on Friday they will resign over the improper sales of insurance policies, after the regulator announced administrative punishments against […]

UK Insurance Trends

Holidays: Travel Insurance, Jabs & Other Extras Could Cost You £700

MoneySuperMarket, the UK’s leading price comparison website, today reveals British holidaymakers could face up to £700 in additional costs to travel to certain countries this summer, on top of accommodation and travel fares, due to […]

Global insurance trends

Marsh Announces Deal with El Al on Aircraft Finance Insurance

Marsh, the world’s leading insurance broker and risk adviser, today announces that EL AL Israel Airlines Limited (EL AL) is the first airline to access its Japanese Aircraft Finance Insurance Consortium (Japanese AFIC) to support […]