9/4/2024 3:41:32 PM Direct Line chief says ‘more to do’ to rebuild motor insurer’s profits By Mike Daly Direct Line has reported weaker than expected first-half profits, as one of the UK’s biggest motor insurers takes steps to repair a...
9/3/2024 12:31:47 PM Insurers face $151bn in yearly losses from natural disasters, report forecasts By Mike Daly "The global insurance sector should expect $151bn in annual losses from natural catastrophes and a lot more in bad years, according to...
4/16/2024 12:55:21 PM Scrapping the spreadsheet: take aim at an old insurance addiction By Mike Daly To assess big risks such as terrorism and oil spills and to calculate the price of insuring against them, underwriters receive...
3/19/2024 8:44:25 PM Travel insurers, pricing, and profitability By Mike Daly "UK car insurer needs to show it has overcome pricing problems if it is to deter Belgium group ageas!" as a headline in the Financial...
10/31/2023 11:19:55 AM UK home insurance prices set to jump after dire year for underwriters and claims By Mike Daly ‘Swings in weather, high inflation, and strained supply chains all combined to drive up home insurers’ losses last year. The sector...
10/10/2023 7:00:06 PM Toyota Will Adopt Tesla-Style Cast Bodies That Might Be Impossible to Fix By Mike Daly 2023 and some insurers have declined to renew policies for electric vehicles (EV). The reason given is that they need more accurate data...
9/27/2021 9:45:47 AM Reinsurers underplay climate risk by up to half, S&P estimates By Mike Daly Reinsurers could be underestimating their exposure to natural catastrophes by as much as 50 per cent, according to a new report that lays...
9/16/2021 11:40:50 AM US P&C insurers: stormy weather does not upend sector By Mike Daly Do investors have good reasons to keep the faith with the industry? The main thrust is claim indemnity costs rise but as reinsurers cover...
3/19/2021 12:00:00 AM Greenberg’s Chubb makes $23bn takeover approach to insurance rival Hartford By Mike Daly Chubb, the largest US non-life insurer by market capitalisation, has approached rival Hartford Financial Services Group with an...
12/1/2020 8:11:28 PM U.S. P/C industry’s underwriting income falls by 86% in 9M 2020: AM Best By Mike Daly Analysis by ratings agency A.M Best finds that in the first nine months of 2020, the U.S. property / casualty insurance industry saw its...
2/2/2018 12:00:00 AM Do insurers understand technology businesses By Mike Daly "A report by Techworld highlighted the apparent struggle faced by technology start-ups when looking for appropriate cover. It cited the...
8/1/2017 10:05:23 AM Underwriting & analytics in the digital age By Mike Daly Diverse data gathering, robotics and automation leads to digitized underwriting. Complex rules algorithms, analytics rules engines or...