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Accounting misstep puts AmTrust in the spotlight again

AmTrust has again found itself in the crosshairs of the plaintiff bar after an accounting error forced it to postpone the release of its full results filing for 2016 and restate its results for the past three years

Dan Ascher, 21 March 2017
EU data rules complicate Brexit planning

The incoming EU General Data Protection Regulation could have major implications for UK carriers planning to leave key functions in the UK post-Brexit.

Laura Board, 21 March 2017
AI and machine learning no replacement for people

Underwriting will not become redundant as a result of artificial intelligence (AI), but technology will change the nature of underwriting, according to TigerRisk's global head of analytics and technology Jayant Khadilkar.

Matthew Neill, 21 March 2017
Home and work tech gap will help innovation: Notaras

XL Innovate partner Martha Notaras has said that the dissonance between tech experiences "at home" and during the workday within the industry will help to boost innovation in (re)insurance.

Matthew Neill, 21 March 2017
Transparency and cost of insurance must improve: Miller

Insurers need to improve the transparency of their product and reduce costs if they are to compete with newcomers, Embroker CEO Matt Miller warned a gathering of industry leaders last week.

Matthew Neill, 21 March 2017
Insider View: An InsurTech meeting of minds

Much of the talk around InsurTech seems to fall into two distinct categories.

Matthew Neill, 21 March 2017
Distribution costs key to first wave of InsurTech

InsurTech firms are targeting distribution in their first wave of disruption, and the polite, gentlemanly nature of their entry into insurance is unlikely to last long, speakers warned at The Insurance Insider's inaugural InsiderTech event.

Matthew Neill, 21 March 2017
Hancock to pocket at least $14.5mn on AIG departure

Outgoing CEO Peter Hancock will receive a lump sum of more than $14.5mn upon leaving AIG, in addition to his base salary and potential bonuses for 2017.

Catrin Shi, 21 March 2017
Property D&F rates plateau at 1 April

Property direct and facultative (D&F) rates appear to be bottoming out at the 1 April renewals, as carriers reach a point where they cannot afford to concede further reductions.

Catrin Shi, 21 March 2017
Trucking steers US ‘wheels’ market towards turn

Hard market pockets are emerging in the US trucking and transportation reinsurance market as deteriorating underlying results lead treaty underwriters to take a tougher stance on new and renewal business, The Insurance Insider can reveal.

David Bull, 21 March 2017

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