Critial Information For P/C Carrier Executives
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| Today's Headlines | July 15, 2021 |
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| American International Group Inc plans to use an IPO to sell part of its life and retirement business, while Blackstone Group Inc agreed to buy a sizeable stake, according to a person familiar with the matter. read more |
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| CAPE Analytics has attracted $44 million in new financing, and the provider of property data plans to use the funds for expansion, accelerated product development, and hiring of more machine learning, data science, and risk experts. read more |
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| With road testing of driverless vehicles now underway across North America, and more pilots on the horizon, it's no wonder property and casualty insurers and industry experts are increasingly discussing the changing risk landscape. After beginning this blog series with an overview of what constitutes ...read more |
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| The Travelers Companies said it has made a "strategic minority investment" in Fidelis Insurance Holdings, a privately-owned global specialty insurer and reinsurer. Neither side disclosed financial terms. read more |
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| Liberty Mutual Holding Company's planned $1 billion cash acquisition of State Auto Group should not affect its financial strength rating at all, Fitch Ratings said. read more |
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| Aviva Plc, the UK insurer and asset manager, warned the government that new safety proposals for high-rise apartment blocks could steer institutional investors away from the residential property market. read more |
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| AXIS Re promoted three executives - two to newly-created positions – as part of an effort to strengthen product leadership within the company. read more |
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| Climate change financial 'stress tests' will need to be improved with better data and modeling, a new paper by a global oversight body has recommended, but potential losses at individual banks or insurers should not be publicly disclosed. read more |
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| More than 80 percent of policyholders would prefer to communicate with their insurance company or agent via text, according to a new survey from communication platform Hi Marley. And the vast majority (84 percent) even said they would save an insurance company's text number into their contact lists. If given a choice, 71 percent of... read more |
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| 60% of CIOs say their organization's technical debt has risen over the past ...
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| Identity thieves are increasingly targeting non-financial accounts, including ...
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| For insurance companies providing a policy update, the cost of a double-digit ...
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| Managing agent and agency onboarding is a business critical function for ...
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| The insurance industry faces significant disruption from multiple fronts, ...
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