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Talanx confirms current-year outlook on back of record net income
Insurance revenue rose 11% to €48.1 billion, while operating profit (EBIT) increased to €4.9 billion from €3.1 billion in the previous year. Net income grew by 25% to €1.98 billion, exceeding the company’s original 2025 target ahead of schedule. Return on equity reached 17.9%, up from 16.6% in the year prior. Source link
WTW report spotlights the importance of scenario building and impact analysis
Emerging threats and evolving regulations are highlighting the power of these components Source link
PIA Wisconsin honors two Republicans with legislative awards
Dallman was recognized for his role as author of 2023 Wisconsin Act 60, ensuring its passage during the 2023-2024 legislative session. The legislation requires high school students to complete a half credit of education on financial literacy, covering topics such as money management, credit and debt, risk management, and insurance. Source link
Human talent still trumps AI
Despite acceleration of technology, risk takers are key for insurance companies, says industry veteran Source link
Why are some policyholders opting not to file claims?
“As carriers evaluate their core systems and digital infrastructure this year, the priority must be reducing friction where it matters most,” said Sylvester Mathis, chief insurance and chief revenue officer at Insurity. “A clunky or disconnected claims process frustrates customers and risks sending them elsewhere. When someone avoids filing a claim, despite having coverage, it…
“Don’t wait”: Businesses warned as trade tariffs threaten supply chains
Using their supply chain data, businesses can model tariff exposure based on where goods come from, how much is spent, and where products are sold. Mitigation strategies, such as “rewiring” your supply chain or redesigning products to reduce exposure from specific components, can then be explored. Source link