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LMA and IUA launch joint healthcare claims group

Xanthe Boyle of Coverys and Dales Georgia Billington will co-chair the new group

Lloyds Claims Management

Insurance associations form international alliance

ABI joins forces with associations in Canada, Australia and New Zealand to promote resilience and insurance take-up

Climate change Casualty

Eiopa publishes new guidelines on PE-owned insurers

National regulator urged to require three-year business plans and ensure private equity owners make sufficient investment in company’s long-term health

Mergers and Acquisitions Regulation

Ferma chief urges closure of insurance-business gap

Federation of European Risk Management Associations seeks alignment of insurance with the realities of long-term business planning to build more sustainable partnership

Europe Risk Management

Lloyd’s and Moody’s partner on casualty lines research

Analysts to look at business cycles, risk mapping and underwriting trends

London Lloyds

Everest completes sale of Canadian retail business

Sale of portfolio to Wawanesa Mutual is part of the Bermuda-based group’s wider exit from commercial retail operations

Property Mergers and Acquisitions

Axa XL launches E&S carrier to serve wholesale brokers

New entity a ‘significant milestone’ in carrier’s strategic plan to strengthen presence in the excess and surplus lines market

Property Casualty

Insurers think AI is vital to remain competitive

Three-quarters of insurers say keeping up to date with artificial intelligence is essential — but few use it strategically, KPMG survey finds

Technology Property

Could private credit woes be the augury of the next financial crisis?

Another financial crisis may land on the doorstep of insurers who have covered many financial risks

Casualty Legal focus

Aon launches $2.5bn Power Lifecycle Program

Multiline insurance solution supports conventional gas-fired electricity projects, powering digital infrastructure growth

Property Casualty

Axis makes senior US casualty appointments

Carrier hires Navigators’ Sternadori as head of US excess casualty

United States People moves

Insurers expect AI to deliver cost savings by end of 2028

Insurers expect to more than double AI-related technology budgets over next three years, survey finds

Reinsurance Technology
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