Operations/tech
-
Last week, the insurer placed ~450 staff at risk of redundancy in its international business. -
The move is the latest phase of the operational transformation program, AIG Next.
-
Reinsurers continued to diversify into primary and specialty business.
-
The unit will support Ascot’s third-party capital business.
-
-
Axa's newly formed teams join the company's "complex cyber" unit.
-
Trade, technology, weather and workforce were identified as the main megatrends.
-
-
The operation will be led by Stephen Saunders, with Jawad Ghunaim from AIG as CUO.
-
The Oxbow report found that AI use cases span the entire (re)insurance capability model.
-
The model uses machine learning and daily data to forecast hurricane seasons.
-
Analysis shows several CEOs with pay diverging from the trendline.
Related
-
Accelerant Risk Exchange adds QBE, Tokio Marine America
April 22, 2025 -
Markel Insurance restructures US and Bermuda operations
April 22, 2025