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Life Underwriting
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LMA and IUA extend job simulations to underwriting
2+ day, 21+ hour ago (576+ words) The Lloyd's Market Association (LMA) and the International Underwriting Association (IUA) have launched two new onling job simulations designed to draw students into underwriting and operations roles in the London market. The simulations, developed with workforce readiness platform Forage, let…...
CII'S VIEW: On AI strategy for the insurance industry
3+ day, 14+ hour ago (179+ words) In July, the Government published its AI strategy for insurance. This is an ambitious task: adopting new technology is remarkably difficult. Research from Boston Consulting Group suggests that some 70% of technology projects fail to meet their objectives, and yet only…...
Britam: Why it is the right time to take insurance ahead of El Niño
3+ day, 14+ hour ago (918+ words) NAIROBI, Kenya, Oct 5 – Kenyan households and businesses have been urged to take immediate steps to reduce their exposure to flooding ahead of the October-December rainfall season, with insurers warning that basic preparedness could significantly limit damage from increasingly frequent extreme…...
Two decades of digitisation failed to cut insurance costs; AI could change that: McKinsey - www.lokmattimes.com
5+ day, 5+ hour ago (409+ words) New Delhi [India], October 3: Two decades of investment in automation and digital technology have failed to bring down the insurance industry's overall cost burden, but artificial intelligence could finally change the equation by sharply reducing the cost of underwriting, claims…...
The race for risk
5+ day, 22+ hour ago (712+ words) This article examines why Canadian commercial insurance rates fell four percent in 2025 and continued softening into 2026. Terryl Varghese of Unica Insurance explains how falling reinsurance costs, lower catastrophe losses, and new market capacity are reshaping broker expectations around responsiveness, underwriting…...
SIB and CREST Agree to Form $2.5 Billion Cross-Border Insurance Platform - ProgramBusiness | Where insurance industry clicks
6+ day, 11+ hour ago (396+ words) Published on October 2, 2026 SIB Corp. and CREST Insurance Group have agreed to a partnership that will create an independent insurance distribution platform serving clients across North America. The combined business will have more than $2.5 billion in gross written premium, over…...
Commercial Express launches schemes division to open delegated underwriting for brokers
6+ day, 14+ hour ago (229+ words) Brokers using the division can bind and price specialist risks against an agreed set of parameters, rather than referring each case to a carrier. Capacity comes from Fortegra and Ascot, both of which already back existing Commercial Express products. Crabb…...
Inflation, softer rates to may tamp insurers’ profits: Report
1+ week, 10+ hour ago (88+ words) businessinsurance.com Inflation, softer rates to may tamp insurers’ profits: Report Australia’s general insurance industry remains financially strong, but softer commercial lines rates, inflation and fewer reserve releases will weigh slightly more on profits this year, according to Australia-based Taylor…...
Data centres, AI and PFAS: MS Re's Butera on pricing the risks we can't yet see - Reinsurance News
1+ week, 12+ hour ago (1099+ words) 1st October 2026 - Author: Kane Wells - Ahead of the Insurance Leadership Forum, MS Reinsurance North America CUO Lisa Butera discusses maintaining underwriting discipline as property pricing softens, the accumulation potential of emerging exposures and where the reinsurer sees selective opportunities for growth…...