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Property

 

 

AI may increase productivity rather than replace jobs

Artificial intelligence is producing efficiency gains but is no substitute for human expertise, argues WTW’s Laura Doddington

Technology Property

Political risk market responds to increasing world tumult

Demand for political risk insurance cover continues to rise amid the Middle East crisis and US protectionist policies, but Russia’s invasion of Ukraine has made underwriters more cautious

North America International

Santam appoints Tatlock to lead Lloyd's property

Nigel Tatlock will be responsible for building a global property book that includes US and international markets

London Lloyds

Acrisure completes acquisition of property MGA Vave

Deal adds Vave to Acrisure Underwriting’s platform of 12 MGAs operating in the US insurance market

United States Property

Embedded insurance has taken hold in the motor market

Well designed arrangements, supported by clear contracts and strong governance, will be key to making embedded automotive insurance work in a compliant and sustainable way

Legal focus Europe

CatIQ lowers Canada ice storm loss estimate to C$466m

Loss aggregator's final tally is lower than fourth estimate of C$490m

Canada Losses

AM Best keeps stable outlook on London market

London market should see profits in 2026 despite softening in some lines

Strait of Hormuz crisis Property

Data centre risks could strain insurer capacity, Swiss Re warns

Re/insurers can only support 'a fraction' of limit required for hypsercaler build costs 

United States Property

Insurers must help society build a culture of prevention: Bacani

United Nations Environment Programme’s head of insurance explains why re/insurers must occupy the front line of climate strategies

Property Climate change

Market ‘only scratching the surface’ of parametric potential

The appeal and utility of parametric insurance is growing, and the interpretation of basis risk is evolving, Guy Carpenter’s Guillermo Franco and Iceye’s Anke Sielker say

Climate change Property

Average Atlantic hurricane season forecast

AccuWeather expects up to seven hurricanes, with as many as five US landfalls

Hurricane Season North America

Windstorm Nils insured losses pegged at €586m: Perils

Storm, which struck southwest France last month, caused major damage to infrastructure and physical assets

Property Losses
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