INSURASALES

Tag: Underwriting

Liberty Mutual Q1 2025 Net Income Falls 33% Amid Rising Catastrophe Losses

Liberty Mutual reports $1B Q1 2025 net income, down 33%, impacted by $1.8B catastrophe losses from California wildfires. Underwriting improvements lowered the underlying combined ratio to 81.9. Net written premiums fell in U.S. retail markets but rose 7.5% in Global Risk Solutions.

Munich Re Life US and MIB Partner to Enhance Electronic Health Records Usage in Life Insurance Underwriting

Munich Re Life US and MIB collaborate to improve access and analytics of electronic health records, streamlining life insurance underwriting processes and enhancing data-driven decision-making.

Aon and Brit Announce Strategic Leadership Changes in US Casualty and Underwriting

Aon appoints Anthony DiLorenzo as head of US casualty for Reinsurance Solutions; Brit promotes Jonathan Mudd to active underwriter for Syndicate 2988, enhancing specialty insurance leadership.

Progressive Plans 18% Workforce Growth in 2025 to Support Expansion

A major U.S. insurer is set to increase its workforce by 12,000 roles in 2025, reflecting strategic growth and enhanced operational capacity in the insurance sector.

Everest and Willis Appoint U.S. Wholesale Insurance Leaders

Everest and Willis name new leaders in excess casualty, construction, energy, and alternative asset insurance segments, strengthening U.S. wholesale insurance capabilities.

FICO and dacadoo Partner to Advance AI-Driven Underwriting in Life Insurance

FICO and dacadoo join forces to transform life insurance underwriting with AI-powered risk assessment and behavior-based models, improving efficiency and customer value.

Capgemini Forecasts Major 2050 Transformation in P&C Insurance from Aging and Climate Risks

Capgemini's 2025 report projects a major transformation in property and casualty insurance by 2050 driven by aging populations, evolving consumer habits, and climate risks. Explore strategic insights for insurers on AI underwriting, risk management, and market growth opportunities.

Aging Population to Reshape P&C Insurance by 2050, Capgemini Report Finds

Capgemini report details how aging demographics and AI-driven underwriting will transform property and casualty insurance by 2050 amid evolving risk profiles and climate challenges.

Canopius Appoints Global Parametrics to Underwrite Catastrophe Risk at Lloyd’s

Canopius selects Global Parametrics as coverholder to underwrite parametric natural disaster insurance for Lloyd’s Syndicate 4444, enhancing catastrophe risk solutions.

iA Financial Group Advances Life Insurance Underwriting with FICO Automation

iA Financial Group leverages FICO Platform to automate 80% of life insurance underwriting, enhancing efficiency and risk management while ensuring regulatory compliance in Canada’s insurance market.