Aviva Plc faces a review by the UK’s merger watchdog into its plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.9 billion) in a deal that would create the UK’s largest motor insurer. The Competition and …
Aviva’s £3.7 Billion Direct Line Deal Faces UK Merger Review Read More »
Markel Insurance, the insurance operations within Markel Group Inc., launched a specialist cyber product to provide up to US$5 million of cover per risk for indirect losses arising from an act of war. Cyber risks are a significant concern for …
Markets/Coverages: Markel Launches Affirmative Cyber Product for Collateral War Cover Read More »
By implementing AI-driven technologies across the claims life cycle and integrating real-time analysis, P/C insurers could reduce fraudulent claims and save between $80 billion and $160 billion by 2032.
As Execs Eye AI for Fraud Detection, Deloitte Predicts Billions in Savings Read More »
CHL, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurer, announced the appointment of Neil Eckert as chief executive officer. Eckert has been acting as Conduit’s interim CEO since late March 2025, following the retirement of Trevor Carvey. …
Conduit Re Names Eckert as CEO Read More »
The UK markets watchdog is planning to pare its rules on how insurers can sell policies to large companies, the latest signal regulators are pivoting to a more pragmatic stance that leans heavily into the government’s growth agenda. The changes …
UK Watchdog Set to Ease Insurance Rules for Large Companies Read More »
Bennett Himes joined Zurich North America, headquartered in Schaumburg, Illinois, as the new head of underwriting for U.S. middle market. Himes oversees the overall portfolio strategy and maintaining the underwriting integrity of Zurich’s U.S. Middle Market business. He succeeds John …
People Moves: Zurich Gets Himes From Chubb To Lead Underwriting for US Mid Market Read More »
Tiger Brands, South Africa’s biggest food producer, on Monday [May 12] offered to compensate listeriosis victims, marking a major step toward resolving class action after a 2017 outbreak that killed about 200 people and sickened more than 1,000. The offer …
South Africa’s Tiger Brands Offers Settlement to Plaintiffs in Listeriosis Class Action Read More »
A powerful House committee has tucked language preventing states from regulating artificial intelligence into President Donald Trump’s massive tax and spending bill, a move that would benefit many of the US’s largest tech and AI companies. OpenAI, Meta Platforms Inc., …
State AI Regulation Ban Tucked Into Republican Tax, Fiscal Bill Read More »
The maker of Chipwich ice cream sandwiches is suing its insurance broker alleging the agency was negligent in failing to properly secure product recall insurance that would have helped it deal with what it claims is a $4.5 million loss …
Ice Cream Sandwich Maker Blames Agent for Lack of Recall Insurance After $4.5M Loss Read More »
The Buckner Company appointed Joshua Kettler as president, effective June 2. Kettler has experience spanning strategy, operations and executive advisory roles. He worked at Patagonia, where he was a partner to the head of global sales and customer experience. Most …
People Moves: The Buckner Company Appoints Kettler as President Read More »
