Cyber insurance market demand may rise as new threats emerge

Demand for cyber insurance is set to grow amid a spate of high-profile attacks, according to a new market report from Bloomberg Intelligence

Saga in partnership talks with Ageas

The UK-based specialist insurer has confirmed that it is in talks with Belgian insurance firm Ageas about a potential partnership

Trawick International announces two key leadership appointments

The company is focused on strengthening its leadership team to help achieve its long-term goals

Gallagher Re reports Central Europe floods could cost reinsurance industry $3.3 billion

The global reinsurance broker estimates that the insured losses from central Europe’s recent floods are likely to range between US$2.2 and $3.3 billion

UK insurance fraud spikes as customers use AI to falsify claims

Claims handlers believe advancements in technology and economic pressures are driving fraudulent activity, with up to one in four claims generated by AI or altered data