News

  • Humana hit with US class action lawsuit over AI usage

    21 December 2023

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

  • UK insurers set for widespread challenges in 2024, EY warns

    21 December 2023

    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

    21 December 2023

    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

    21 December 2023

    The investigation follows price fixing scandals earlier in the year

  • UK regulators unveil six findings from cyber resilience probe

    20 December 2023

    Results should be used to inform the work of risk and internal audit functions

  • UN hails insurers' sustainability wins in 2023 despite political divisions

    20 December 2023

    UNEP FI reports growing membership of Principles for Sustainable Insurance initiative

  • NN strengthens capital position with €13bn longevity risk deals

    20 December 2023

    The transactions have been agreed with a subsidiary of Prudential Financial and Swiss Re

  • Additional AI reporting will "slow down" European adoption of best models

    20 December 2023

    Scor's chief knowledge officer Bruno Latourrette reacts to agreement on EU AI Act

  • Concern that UK bulk annuity market is becoming unmanageable

    19 December 2023

    DLA Piper surveyed deal leads from across all UK based bulk annuity providers

  • With recession looming, AM Best maintains downbeat outlook for German insurers

    19 December 2023

    Life and non-life sectors suffering in challenging economic conditions