Archive

New York Life CRO prioritises service over underwriting for AI deployment

Ben Rosenthal said this is where the firm is seeing "the most traction" with the technology's use

NN's CEO acknowledges personal relief in settlement of unit-linked sales litigation

David Knibbe says NN now focused on "making sure everyone gets what they're entitled to"

Tokio Marine promises to "focus on the truth" behind price fixing scandal

Japanese groups Tokio Marine and MS&AD deliver business improvement plans to regulator today

Winners of the InsuranceERM UK & Europe 2024 awards revealed

Individuals, teams and companies recognised for risk management excellence

PRA finalises internal model and threshold changes to Solvency UK

Changes include clarifications on use of capital add-ons, and a higher threshold for applying solvency regime

CNP Assurances makes progress on all non-financial KPIs

The French insurer reported higher profits but lower premium income for 2023

US second most exposed country to climate change, Swiss Re finds

Philippines most exposed as climate change losses will grow

Ageas confirms £3bn bid to acquire Direct Line

But Direct Line board rejects bid saying it undervalues the group

California passes NAIC annuities bill criticised by campaigners

State bill is counter to DoL proposal which industry has shunned

Australian health insurers grow membership, but also claims, during 2023