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New Report Looks at Rising Materials Costs

20 May 2022 alastair walker 0

The latest commercial property report from loss adjuster Woodgate & Clark confirms that continuing cost increases are affecting the construction and building repair sector. Report author Nick Turner, senior surveyor at loss adjuster Woodgate & […]

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Global insurance trends

Spanish Consumers Happy to Buy Life Cover From Their Banks

2 May 2022 alastair walker 0

GlobalData has a new report out, looking at Life insurance marketing in Spain; Bancassurance is the leading distribution channel in the Spanish insurance industry and is expected to account for 39.5% of the gross written […]

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Global insurance trends

Malaysia GI Snapshot From GlobalData

27 April 2022 alastair walker 0

The general insurance industry in Malaysia is projected to grow at a compound annual growth rate (CAGR) of 4.8% from MYR17.67bn ($4.26bn) in 2021 to MYR22.31bn ($5.45bn) in 2026, in terms of direct written premiums […]

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Legal

Thomson Reuters Report Looks at Corporate Legal Budgets

19 April 2022 alastair walker 0

Corporate clients expect to increase their UK legal spend this year, according to the State of the UK Legal Market 2022 report, published by Thomson Reuters. The survey of corporate buyers of UK legal services […]

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technology

Automation Works Well, But Don’t Forget The Customer

8 April 2022 alastair walker 0

According to new research from Intelligent Automation company ABBYY, 99% of UK IT decision makers have implemented a form of automation technology in the last two years, while pre-pandemic 1 in 6 (15%) UK businesses had no […]

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News

Want Some Gallagher Re Insights on Reinsurance? Step This Way

7 April 2022 alastair walker 0

The latest market snapshot from Gallagher Re; Strong underwriting and investment performance by reinsurers in 2021, aided by continued rate improvement in nearly all primary insurance lines, drove total capital dedicated to the global reinsurance […]

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Life/Health/Critical illness

Long Covid: Insurers May Need to Fine Tune Products

1 April 2022 alastair walker 0

A new report by Moody’s takes a look at the potential impact of the `Long Covid’ medical condition on Life and Health claims. The good news is that in many developed economies, government agencies will […]

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News

Modest Increase in Reinsurance Rates, Says Gallagher

1 April 2022 alastair walker 0

Reinsurance rates showed modest increases at 1.4 characterised by an orderly renewal season, according to the latest 1st View April reinsurance renewals report published today by Gallagher Re, the global reinsurance broker. In general, buyers’ largely stable capacity […]

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