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AXA XL Americas CEO: AI Is Impacting Every Industry

It’s critical that insurers help clients to evolve and manage new and different risks stemming from AI, said Lucy Pilko, CEO of the Americas for AXA XL at RISKWORLD in San Diego.

10 May 2024
Tropical Storm Ian expected to reach hurricane strength en route to Cuba

The National Hurricane Center forecasts ‘considerable flooding’ in Florida later this week.

Rachel Dalton, 26 September 2022
Analysis: How much ILS capital could be trapped by Ian?

Sister title Trading Risk ran some scenarios applying market share figures and loss ranges to paint a picture of how the quantum of trapped capital could evolve.

Catrin Shi, 04 October 2022
Crisis-hit Vesttoo appoints new interim CEO, confirms exit of Bertele and CFE Lifshitz

New CEO Ami Barlev – who has a background in tech, AI, comms and real estate – said he took the role at an “extremely difficult moment” for the InsurTech.

Samuel Casey, 09 August 2023
Beazley to claw back top executives’ pay after accounting error

CEO Adrian Cox and CFO Sally Lake are set to lose more than £100k each in long-term share awards after the accounting error.

Aisling Finn, 08 March 2023
Trend toward fewer but bigger legacy deals to continue: PwC

The number of global, non-life run-off deals dropped to 48 over 2022, compared with 54 in 2021, according to a report from PwC.

Ayesha Venkataraman, 16 February 2023
Axa adds more than EUR1bn to European treaty

Peer Zurich had a more stable renewal.

Rachel Dalton, 22 February 2024
BMS Re appoints Santocki executive VP amid several hires

Further hires included Scott Fields and Stephanie Fick, both appointed senior vice presidents.

Abbie Day, 09 May 2024
Cat losses in the UK send Intact’s Q4 headline CoR up 3.7 points to 91.5%

Overall, the company booked C$167mn of cat losses in Q4, or C$24mn above the C$143mn estimate that Intact reported on January 12.

Jairo Ibarra, 07 February 2023
Regulation

Basel III could lessen credit insurance demand from banks

Credit insurers may need to adapt their business mix, client base and types of deals underwritten to stay relevant.

Abbie Day, 31 October 2024

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