AIG posts Q1 results above expectations

[ad_1] Depopulation strategy continues as private carriers expand personal residential footprint [ad_2] Source link

[ad_1] NOAA’s disaster database has long been a critical resource for insurers, brokers, and risk modellers. Its abrupt removal creates blind spots as hurricane season looms, impacting property insurance pricing, risk models, and underwriting accuracy, according to brokers Insurance Business spoke to.  [ad_2] Source link

[ad_1] Trade policy and economic uncertainty Since returning to office in January, President Donald Trump has introduced and modified tariffs on major trade partners, including China, Canada, and Mexico. A Wall Street Journal report on March 23 suggested the administration planned to narrow the scope of new tariffs set to take effect in April, opting…

[ad_1] The rules, finalized in June and set to take effect Aug. 25, included eliminating monthly special enrolment periods for some individuals, tightening income verification, standardizing open enrolment and introducing a $5 monthly premium for people automatically re-enroled in zero-premium plans. They also excluded coverage for sex-trait modification procedures and barred Deferred Action for Childhood…

[ad_1] In Q2, Voya Financial and Blue Owl Capital launched a partnership to develop private markets products for defined contribution plans, while Manulife announced an agreement to acquire 75% of Comvest Credit Partners, expanding its private credit capabilities by $14.7 billion. These moves follow earlier collaborations between insurers and investment managers, reflecting the convergence of…

[ad_1] Brassard brings more than 30 years of experience in claims, underwriting, operations, and automation. She will lead efforts to promote AI adoption and intelligent automation across the insurance sector. Brassard previously held senior roles at WR Berkley, Berkley Mid-Atlantic, Colony Specialty, and The Main Street America Group. [ad_2] Source link