Archive

Ricardo Lara sends warning to Californian auto insurers over "passive-aggressive" tactics

Insurance commissioner's intervention follows complaints from consumers

UK-Switzerland financial services agreement opens up non-life corporate insurance markets

Life and health insurance sectors, however, remain out of scope

Wilfred Chin becomes Hamilton Global Specialty's chief actuary

Humana hit with US class action lawsuit over AI usage

Plaintiffs allege the tool has enabled the health insurer to "aggressively deny coverage"

IMF takes a shot at private equity-backed insurers

Contagion, illiquidity risk and regulatory arbitrage... the International Monetary Fund has this week raised concerns over PE-owned insurance and advised regulators to talk more about the risks. Sarfraz Thind reports

NormanMax gains Lloyd's approval to launch parametric syndicate 3939

Axa boosts solvency with €12bn life reinsurance deal

UK insurers set for widespread challenges in 2024, EY warns

The consultancy said some specialty firms would be impacted by softening of certain business lines

LGRA's pension risk transfer business hits $10bn since inception

The insurer said it has completed over 100 pension risk transfer deals since its inception in 2015

Japan's Fair Trade commission looking into antimonopoly violations at Tokio Marine subsidiary - UPDATED

The investigation follows price fixing scandals earlier in the year