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Insurance Day

Articles for 08 May 2024

Daily Digest: McGill on clean energy, Insurers oppose FCA probe plans, Munich Re optimistic on rates

Catch up on the essential news and analysis from the Insurance Day experts
Online Published Date: 2024-05-08T17:40:11

Louisiana governor signs law abolishing 'three-year rule'

Insurance commissioner has pressed deregulation as a response to market failures
Online Published Date: 2024-05-08T16:40:12

Legal Focus: EU’s AI Act will have global implications

Artificial intelligence legislation likely to become de facto global code of conduct, much like the GDPR data rules 
Online Published Date: 2024-05-08T16:40:12

Evolin launches terrorism facility

New facility, which is led by Chaucer, has up to $500m limit per policy for terrorism
Online Published Date: 2024-05-08T15:40:11

Marsh launches policy aimed at EU crypto market

MiCAssure makes crypto asset service providers compliant with new EU regulation
Online Published Date: 2024-05-08T15:40:11

Industry bodies oppose FCA plans to announce start of probes

Regulator insists ‘no presumption of announcement’ but industry fears reputational damage of early naming
Online Published Date: 2024-05-08T15:40:11

Reinsurance rates to remain strong in 2024: Munich Re

German reinsurance giant reports net result up nearly 70% in the first quarter on the back of improved reinsurance results
Online Published Date: 2024-05-08T14:40:10

Clean energy is much more than a climate change solution: McGill's Sexton

Broker’s head of renewables, power and energy describes an evolving market that embraces climate, security of supply and geopolitical risks
Online Published Date: 2024-05-08T14:40:10

United Fire posts best COR in eight quarters

Insurer's combined ratio improved to 98.9%, representing its lowest mark in eight quarters
Online Published Date: 2024-05-08T09:40:12

IGI income rises 11.8% on improved COR

Specialty re/insurer closed Q1 with net earnings of $37.9m
Online Published Date: 2024-05-08T09:40:12

Intact income surges on underwriting and investments

Q1 net earnings jumped 79% as underwriting income rose 12% 
Online Published Date: 2024-05-08T09:40:12

CNA posts record Q1 core income

Net earnings surge to $338m in the first quarter
Online Published Date: 2024-05-08T09:40:12

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