Fadata unveils ML solutions for insurance companies
Insurance software provider Fadata is supporting insurers with a framework for the accelerated implementation of machine learning (ML) tools and capabilities
Prices in property and casualty reinsurance continue to rise
German reinsurer Hannover Re anticipates a continuing trend towards higher prices and improved conditions in property and casualty reinsurance for the various rounds of renewals in 2022
Insured losses from Hurricane Ida to be around $25 billion
Catastrophe risk solutions company RMS has estimated that onshore and offshore insured losses from Hurricane Ida in the Gulf of Mexico will be between US$25 and $35 billion
AXA has completed the sale of its 50-per-cent shareholding in AXA Gulf and its 34-per-cent shareholding in AXA Cooperative Insurance Company to Gulf Insurance Group (GIG), for a cash consideration…
The Covid-19-induced rise in demand for life and health insurance helped Asia-Pacific (APAC) public insurance companies report a year-over-year growth of around 2.5 per cent in 2020, according to GlobalData
