Keep up to date with the latest actuarial news in our weekly round-up…
Workplace diversity and inclusion now a ‘commercial imperative’ for insurers
Insurance companies across the world now view diversity and inclusion as commercial concerns, rather than just new internal issues, new research has uncovered.
Aon introduces AI-powered claims analysis platform
Global re/insurance broker Aon has announced the launch of ClaimsMonitor.X; an artificial intelligence-driven platform that can quickly analyse claims notes and provide insights into an insurer’s efficiency and profitability.
‘Sobering and devastating’: Lloyd’s of London bosses speak out on sexual misconduct claims
Top bosses at Lloyd’s of London have expressed deep regret over a swathe of sexual misconduct allegations that have blighted the historic insurance market’s reputation.
Aviva Investors launches energy transition themed fund
Aviva Investors, the global asset management business of Aviva PLC, today announces the launch of a new fund to support the transition to a low carbon economy as global temperatures continue to rise due to climate change.
Capita increases pay for almost 6000 workers to real living wage
Capita is working towards full accreditation with the Living Wage Foundation by reviewing plans to extend the policy to regular sub-contracted staff.
Climate change ranked the top extreme risk for investors
Global temperature change is the number one extreme risk to economic growth and asset returns for investors, a new ranking by the Thinking Ahead Institute has suggested.
AXA XL covers cryptocurrency security firm
AXA XL will provide contractual liability insurance for Hoyos Integrity Corp. in the event of a breach of the technology security firm’s cryptocurrency wallet.
Insurers urged to offer on-demand policies as InsurTech funding soars
Insurance firms can no longer rely on their brand names to retain customers and should offer instant, flexible and digital quotes, a leading data analytics company has said.
Willis Re: Total reinsurance capital up by 8%
Total capital dedicated to the global reinsurance industry reached $559 billion in the half-year point of 2019, up 8% from the year-end 2018, according to Willis Re’s latest Reinsurance Market Report.
Willis Towers Watson to host first airport conference offsetting carbon emissions
Willis Towers Watson will hold the first ever Airport Risk Community (ARC) conference offsetting the event’s carbon emissions.
