Insurance

Allianz SE is in talks to scrap two joint ventures with Bajaj Finserv Ltd., in a dispute over the direction of the partnership, according to people familiar with the matter.

Insurers haven't yet applied the technology to every possible application, and also have to watch out for bias in underwriting, according to experts in the firm's insurance consulting practice.

Many homeowners don't realize they are uninsured or under-insured for storm surge and flooding.

Chloé Paillot, chief transaction actuary at Enstar, leads the team that evaluates client transactions in the legacy space, a specialty that gets rid of risky businesses for insurers and insurtechs through facilitating capital, offloading risk and finding reinsurance.

Losses related to natural disasters and other perils rose for the seventh year, and that costs both insurers and consumers more money, LexisNexis said.

Highlights from ITC Vegas 2024.

Many customers have challenges with their financial health, according to J.D. Power's individual life and annuity studies.

The Fed's half-point cut in interest rates, which could be just the first such action in the current economy, will affect everything from premium rates and insurers' investments to the value of annuities and efficiency of operations.

Keynova Group's Q3 2024 Mobile Insurance Scored evaluates the mobile offerings for the top 12 auto and property insurance carriers in the U.S.

Prudential-backed start-up uses AI technology to advise life insurance clients about medical care costs, addressing "sandwich" generation concerns.