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The R&I Editorial Team can be reached at [email protected].
The latest people news in the industry today.
Deloitte report reveals how multimodal AI technologies across text, audio, video and IoT data are transforming fraud detection in the P&C sector, where 10% of claims are fraudulent.
Globally, commercial lines rates drop 3% for third-consecutive quarter, ending seven-year streak of increases: Marsh.
P&C insurers projected to maintain 10% ROE through 2026 despite slowing premium growth, tariff-driven auto parts inflation, catastrophe losses, and ongoing reserve challenges: Swiss Re.
Property insurance volatility and emerging risks fuel recent growth in surplus lines premiums, according to AM Best.
Nearly half of U.S. states are developing AI governance laws, with compliance and risk management implications, according to Gallagher.
Rising claims and insurance costs underscore the importance of resilience in planning renewable energy projects, FM reports.
Record-breaking fires account for 71% of global insured losses in Q1, and U.S. faces highest economic losses from disasters since 1994, Aon reports.
WTW report highlights strategic advantages of captive solutions amid expected rise in corporate insolvencies and stricter underwriting standards.
Gallagher report reveals double-digit rate decreases for catastrophic-exposed property placements, while casualty lines face continued hardening with rising deductibles and shrinking carrier capacity.
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