AI’s potential impact on the re/insurance industry & more…Keep up with what has been happening this week in our latest insurance news round-up…

WTW launches first ever coral reef insurance policy in Fiji

Fiji’s island communities to benefit from pay-outs of up to US$450,000 for reef restoration and community assistance if cyclones hit, expanding on WTW’s pioneering global ecosystem resilience programme.


AXA UK median gender pay gap improves for the 5th year running

AXA UK’s Gender Pay Gap Report shows a narrowing trend for median pay gap and median bonus gap for the fifth year in a row.


Swiss Re reveals full-year financial results

Swiss Re has reported an increase in its net income – reaching US$3.2 billion for the year 2023, with the fourth quarter contributing US$748 million to this total.


Internship opportunities for young adults with an Education, Health and Care plan (EHCP)

An exciting new supported internship programme to help young adults transition from education into employment will begin in York in September 2024.


AI’s potential impact on the re/insurance industry: Gallagher Re

Gallagher Re, a reinsurance broker, highlights AI as a major focus of the InsurTech narrative in 2023, marking a turning point where AI gained serious traction in the re/insurance industry.

RSA takeover set to complete by end of May & more...

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