Energy producers may use Condition Monitoring Systems to detect potential failures years in advance. What...
Windstorm Ciarán (Emir) industry loss lifted another 5.5% to €2.043bn by PERILS
The insurance and reinsurance industry loss estimate for European extratropical windstorm Ciarán from November 2023 has been raised by a futher 5.5%...
The insurance and reinsurance industry loss estimate for European extratropical windstorm Ciarán from November 2023 has been raised by a futher 5.5%...
Article / 1 hour ago
Insurers warn about fake and manipulated images being used in claims - MSN
Insurers warn about fake and manipulated images being used in claims - People are using technology to try to make claims for incidents that may never have happened, insurers said.
Insurers warn about fake and manipulated images being used in claims - People are using technology to try to make claims for incidents that may never have happened, insurers said.
msn.com /
Article / 3 hours ago
Insurance payouts exceed US$28m over Guangdong floods with bulk of claims awaiting settlement
Insurers have paid compensation amounting to over CNY206m ($28.5m) as of the end of April 2024 for losses caused by heavy...
Insurers have paid compensation amounting to over CNY206m ($28.5m) as of the end of April 2024 for losses caused by heavy...
Article / 3 hours ago
Mosaic's Doroff: Paying claims is an essential part of an insurer's identity
Since its launch in 2021, Mosaic Insurance has set itself apart by making claims an integral piece of its identity, according to the firm's head of Americas claims Elissa...
Since its launch in 2021, Mosaic Insurance has set itself apart by making claims an integral piece of its identity, according to the firm's head of Americas claims Elissa...
Video / 20 hours ago
Insurer Chubb readies $350 mln payout tied to Baltimore bridge collapse - Yahoo
Chubb, which had insured Baltimore's Francis Scott Key Bridge, is getting ready to pay $350 million to the state of Maryland, in what could be the first major payout tied to the collapsing of the bridge in March...
Chubb, which had insured Baltimore's Francis Scott Key Bridge, is getting ready to pay $350 million to the state of Maryland, in what could be the first major payout tied to the collapsing of the bridge in March...
finance.yahoo.com /
Article / 20 hours ago
Understanding the Multi-Faceted Impact of Texas Wildfires and the Role of Moody's RMS Superior Catastrophe Wildfire Models
As we pass the end of April, already in 2024 we have seen a record-breaking U.S. wildfire; the Smokehouse Creek fire that...
As we pass the end of April, already in 2024 we have seen a record-breaking U.S. wildfire; the Smokehouse Creek fire that...
Article / 21 hours ago
Swiss Re: Auto Insurance Price Rises to Decelerate as Claims Inflation Eases - Claims Journal
Auto insurance price rises are expected to decelerate from current heights as claims inflation eases, according to a new economic analysis from Swiss...
Auto insurance price rises are expected to decelerate from current heights as claims inflation eases, according to a new economic analysis from Swiss...
claimsjournal.com /
Article / 1 day ago
Social inflation will drive P&C (re)insurers to raise prices
“We expect social inflation to continue, and insurers to respond by building higher expected losses into their policies, raising prices and boosting reserves,” says Jasper Cooper, CFA, VP-Sr Credit Officer at Moody’s Ratings...
“We expect social inflation to continue, and insurers to respond by building higher expected losses into their policies, raising prices and boosting reserves,” says Jasper Cooper, CFA, VP-Sr Credit Officer at Moody’s Ratings...
PR / 1 day ago
Oil Pollution Act market retreats over stance of US Coast Guard
A claims dispute between the US Coast Guard and insurers has sparked fear about aggregations...
A claims dispute between the US Coast Guard and insurers has sparked fear about aggregations...
Article / 1 day ago
Lloyd's Insurers Don't Expect Large Claims From Baltimore Bridge Collapse
Lloyd's of London insurers Hiscox and Lancashire do not expect large insurance claims from the collapse of Baltimore's Francis Scott Key Bridge in March that...
Lloyd's of London insurers Hiscox and Lancashire do not expect large insurance claims from the collapse of Baltimore's Francis Scott Key Bridge in March that...
Article / 1 day ago
