Reinsurance: S&P expects Swiss Re to produce even better financial results in 2024

Published on February 20, 2024
Global reinsurance giant Swiss Re's financial results for 2023 demonstrate the group's continuing performance improvement, said S&P Global Ratings (S&P) in a commentary yesterday.
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WindBorne’s new WeatherMesh brings AI forecasting to re/insurers

February 19, 2024
WindBorne Systems, an environmental and weather intelligence company, has recently unveiled its groundbreaking AI forecasting model, WeatherMesh. This innovation holds significant promise for the re/insurance industry, offering improved risk assessment and enhanced claims management capabilities.WeatherMesh sets a new standard for accuracy in real-time, 24-hour global forecasts, surpassing Google

India: Policybazaar's business scope widens to reinsurance broking with composite licence

February 20, 2024
The IRDAI has granted in-principle approval to Policybazaar Insurance Brokers to upgrade its direct insurance broking licence (serving both life and general insurance) to a composite insurance