A staggering 90% of cyber risks remain uninsured, according to a new report by Swiss Re. The report found that due to increased digitization accelerated

“We are very pleased that Paola is joining the AIG board of directors,” said Peter Zaffino, chairman and CEO of AIG. “Paola is an experienced

“Moreover, it’s especially dangerous if there’s an EV, golf cart, or scooter in a storm ravaged home,” Patronis said. “The battery system can become compromised,

“We are excited to offer homeowners flexible options to insure their property for flood damage, which is not covered under standard home insurance policies,” said

Farmers Insurance Exchange has announced that it has become the first US-based insurer to sign on to the United Nations Environment Programme Finance Initiative’s Principles

Arthur J. Gallagher & Co. has announced that Risk Placement Services (RPS), its US wholesale brokerage, binding authority and programs division, has acquired Texas-based Tejas

Marsh McLennan Agency (MMA) has announced the acquisition of Focus Insurance, a personal insurance brokerage firm in Houston, Texas. The terms of the acquisition were

Result Q3 2022 Q3 2021 Net income attributable to AIG common shareholders $2.7 billion $1.7 billion Adjusted pre-tax income $725 million $1.1 billion Net investment

While the insurance industry’s divestment from “dirty” industries may prove beneficial for climate risk mitigation in the long-term, this change cannot happen overnight. Insurers can’t

A majority (79%) of consumers today would trust automotive claims powered entirely by AI, up 7% year-over-year, according to the Solera Innovation Index 2022. Furthermore,