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Insurance Day

Articles for 14 March 2025

Daily Digest: Lloyd’s cautions against margin erosion, Synthetic data and risk modelling, E-scooter regulations continue to evolve

Catch up on the essential news and analysis from the Insurance Day experts
Online Published Date: 2025-03-14T19:40:10

ID Comment: Lloyd’s warns against the steady creep of margin erosion

Despite – or perhaps because of – the market's strong preliminary results for 2024, the Lloyd’s leadership renewed their call for underwriting discipline, with aviation and energy lines flagged as being of particular concern
Online Published Date: 2025-03-14T18:40:11

Synthetic data can fill the risk modelling gap

Generative artificial intelligence tools can be deployed to extrapolate existing data and fill gaps in the information available to models, says Xceedance’s Brandon Nuttall
Online Published Date: 2025-03-14T18:40:11

E-scooter regulations are evolving in the UK and Republic of Ireland

Further regulation is needed to mitigate the risks associated with e-scooter use and ensure responsible driving
Online Published Date: 2025-03-14T18:40:11

Beazley names Shipper head of North America commercial property

Shipper joins from Marsh, where she was south-east zone property leader and managing director
Online Published Date: 2025-03-14T14:40:12

Canada's commercial catastrophe losses hit second-highest annual total

Insured commercial property losses hit C$1.76bn in 2024
Online Published Date: 2025-03-14T10:40:11

New York sues Allstate over data breaches

Lawsuit alleges National General unit failed to report data breach that exposed drivers' license numbers and lacked reasonable safeguards to protect drivers' private information
Online Published Date: 2025-03-14T09:40:11

US rating upgrades rise in 2024 as downgrades decline

Rating upgrades climbed to 42 last year from 35 in 2023, driven by the commercial lines sector, analysis by AM Best finds
Online Published Date: 2025-03-14T09:40:11

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