Gen Re unveils digital underwriting solution for life industry & more…Keep up with what has been happening this week in our latest insurance news round-up…
Conning reveals surge in AI adoption within insurance industry
According to the recent executive survey conducted by Conning Insurance Research on artificial intelligence (AI) adoption within the insurance industry, 77% of respondents indicated they are in some stage of incorporating AI into their operations.
Philippine insurance industry to adopt new reporting standard for enhanced transparency
The Insurance Commission (IC) of the Philippines has issued a directive to insurance companies, mandating the adoption of a new accounting standard aimed at enhancing the transparency and international comparability of financial reports.
CICA reports ‘new levels of growth’ for captives industry
The captive insurance industry is recording ‘new levels of growth’, says the Captive Insurance Companies Association (CICA).
Gen Re unveils digital underwriting solution for life industry
Gen Re has partnered with a multinational tech firm to launch a digital underwriting solution for the life sector across the MENA and East Mediterranean regions.
Facility to improve insurance availability for buildings with fire risk gets key capacity
The ABI has revealed that it has secured the reinsurance support needed to launch the fire safety reinsurance facility.