Insurance-Canada.ca - Where Insurance & Technology Meet

Valen Analytics Highlights Growing Insurance Industry Divide

2018 Outlook Report Identifies Fundamental Split Among Insurers Derived from a Study of InsurTech Investment and Adoptio Denver, CO (Dec. 7, 2017) – Valen Analytics®, an Insurity company that provides proprietary data, analytics and predictive modeling for P/C insurers, today published its 2018 Outlook Report, which chronicles the deepening divide between insurance companies adopting incremental… Read more »

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U.S. Insurance CEOs Optimistic About Industry Growth, Look to Disrupt Sector

57% of insurance CEOs see technological disruption as an opportunity rather than a threat, 82% looking to disrupt the sector rather than be disrupted by competitor: KPMG 2017 U.S. CEO Outlook study Toronto, ON (Sept. 11, 2017) – The majority of U.S. insurance company CEOs (79 percent) are confident about the growth prospects of their… Read more »

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Silent cyber risk outlook

Is silent cyber risk creeping up on insurers? by Anthony Dagostino & Mark Synnott  Arlington, VA (Sept. 11, 2017) – Insurance policies specifically designed to cover cyber risk are a growing segment of the market. However, insurers are increasingly concerned about silent cyber exposure: potential cyber-related losses due to silent coverage from insurance policies not… Read more »

Global insurance premiums increased in 2016, overall growth outlook remains positive

Latest Swiss Re Institute sigma study Global insurance premiums increased by 3.1% in 2016; down from 4.3% growth in 2015. Life premium growth slowed to 2.5% and non-life to 3.7% in 2016, due to weaker performance in advanced markets Profitability in the life and non-life sectors weakened amid low interest rates and robust competition Life… Read more »

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