Archive

GenAI could mean a 10%-30% boost for insurers' risk functions

Consultancy McKinsey says the insurance sector is still defined by manual processes and legacy systems

UK and Japan offer some of the most significant opportunities for insurance-AM firms

A McKinsey report emphasised the growing convergence between insurers and asset managers

Report details how UK insurtech sector can move forward

Rising prices caused $30bn increase in US P&C loss costs in 2021

McKinsey says speed to market is critical to combat inflation

Bigger does not mean better for insurers

Expanding an insurance business in good times typically meant growing profits. In today's tougher economic environment, Europe's largest insurers are being much more prudent about spending capital, and are only considering very careful expansion, as David Walker writes

It's life Oliver, but not as we knew it

European life insurers' capital consumption used to give their CEOs indigestion. But the "capital-lite" diets of Allianz and others has transformed the business, as David Walker discovers

Wave of M&A signals long-term shift in insurance model

McKinsey report says global insurers facing up to prospect of becoming irrelevant

Regulators investigate the private equity-insurer love-in

Private equity companies have been acquiring insurers at an unheard of rate. Now regulators have raised concerns over asset risk and short-term greed overcoming long-term sense, as Sarfraz Thind reports

Insurance assets represent a $2trn PE acquisition opportunity

Private equity involvement in insurance is likely to continue as low rates persist, says McKinsey

IAIS Abu Dhabi: human element key to insurers' cyber resilience

Speakers at the IAIS conference today discussed how to train staff and boost cyber security