Insurance Business America

Number of marine incidents "deeply concerning" Maritime transportation specialist Groke Technologies is urging marine insurers, P&I Clubs, and regulators to promote the adoption of ship situational awareness systems to mitigate

Other animals besides dogs expected to contribute to rising CAGR While the pet insurance market was valued at $10.1 billion in 2023, a report from Allied Market Research revealed that

It was a "watershed year," CEO says Global reinsurer MS Reinsurance reported a net profit of $366 million for 2023, marking a significant turnaround from a net loss of $50

Reinsurer urges focus on loss prevention and mitigation Munich Re has indicated that the 2024 hurricane season in the North Atlantic is expected to be highly active, with current forecasts

The Shine initiative aims to foster innovation in critical impact areas Swiss Re Foundation is launching its flagship initiative, Shine, in Southeast Asia for the first time. This expansio  » Read

US casualty segment also affected SCOR SE is reducing its exposure to climate-related risks and US casualty due to pricing not keeping up with exposure, according to Jean-Paul Conoscente, CEO

Severe storms in the area leave four people dead and nearly 1 million homes and businesses without power Four people are dead and nearly 1 million homes and businesses were

The firm logged 11 events, with 80% attributed to wind, hail, or tornado Allstate reported an estimated $494 million in catastrophe losses for April, marking its highest monthly loss this

"I'm competing…with the big boys and I decided that I really like it" Patience Noah (pictured) chose to pursue her American Dream through the insurance industry. Noah arrived with her

Balancing customized challenges in emerging insurtech Technology By Emily Douglas With a keen interest in AI and machine learning, Lauren Finnis (pictured), of WTW, is excited about the impact new