Regulation

The association said privacy should be a key consideration in new requirements.

The LMA urges use of AI for enhanced decision making but concerns remain.

Future claims handlers could be "bionic adjusters” empowered by technology.

Insurers could face a “heightened claims exposure” due to increased regulation scrutiny on the fintech industry, including buy now pay later schemes, AI and crypto, said Nick Rugg, Head of Fintech and Investment Management Insurance for Markel International.

The increased tariff on China trade could drive up the loss quantum on the SharkNinja recall and others.

The Peak Re subsidiary mainly writes US motor and casualty reinsurance.

The change reflects the company’s growing profile within the MS&AD group.

The majority of the savings are expected to be realised in the retail division.

The Lord Mayor told the CRO Summit to stop treating risk as a dirty word.

The CEO transition is already visible in messaging on growth as rate change picks up.

Delegates welcomed the FCA’s red-tape cut, but said more is yet to come.

Lloyd’s CUO said established broker facilities were “big enough”.