Author: Ant Darby
ATA launches $750 million facility to underwrite AI globally
Advanced Technology Assurance (ATA) has launched an insurance facility, up to US$750 million, to underwrite the global AI infrastructure build-out, a [...]
South African general insurance market expected to rise 7.4% in the years ahead, says GlobalData
The general insurance industry in South Africa is projected to grow at a compound annual growth rate (CAGR) of 7.4%, increasing from ZAR207.7 billion [...]
Insurance gap continues to widen, warns IDF
The insurance gap across the world is continuing to widen, warns the Insurance Development Forum (IDF) in a critical new paper.
Increasing Insurabi [...]
Agentic AI is reshaping customer service in insurance, finds GlobalData survey
Agentic AI is reshaping customer service in insurance by enabling real-time, intelligent interactions while working alongside human agents, according [...]
Treaty reinsurance written in London rises more than 10%, reports IUA
Treaty reinsurance written in the London company market grew by more than 10% last year, according to the International Underwriting Association (IUA) [...]
Geopolitical risks adding to natural catastrophes to heighten uncertainty, says Munich Re
Geopolitical risks and the macroeconomic effects these sometimes entail are causing heightened uncertainty, warns Munich Re. Inflation rates and trade [...]
Insurance industry facing growing average annual losses from natural catastrophes, warns Verisk
Modelled non-crop property and casualty losses have risen 25% compared to 2024, with severe thunderstorms and other frequency perils accounting for tw [...]
Moody’s shifts outlook downwards on global reinsurance sector
Rating agency Moody’s has changed its outlook on the global reinsurance sector to stable from positive.
It blames the outlook shift on property pri [...]
Moody’s revises Africa Specialty Risks upwards
Africa Specialty Risks (ASR) has welcomed the revision of its outlook to positive on its Moody’s Baa1 insurance financial strength rating.
Mikir Sh [...]
Africa set for growth as UK businesses look for new opportunities
UK business leaders are increasingly looking to Africa as a key market for long-term growth, driven by structural reforms, demographic momentum and ra [...]