All articles by Verdict Staff

Verdict Staff

Big Data: What’s the big deal?

Robert Gothan, CEO and founder of business process management specialist Accountagility, argues that instead of concerning themselves about missing out on the Big Data bandwagon, insurers should concentrate on maximising their ‘little data’ in order to gain the most valuable insight. In Gothan’s view, big is not always beautiful in terms of data quality.

American National unveils new life insurance plan

American National Life Insurance Company of New York (American National) has released its new life insurance plan, dubbed Signature Plus Indexed Universal Life Insurance (IUL).

Irish health insurer VHI to foray into life insurance market

VHI, an Irish government-owned health insurer, is all set to foray into life insurance market under the VHI Life brand.

UK life insurers face market volatility threat from Brexit

Fitch Ratings has said a vote by the UK to leave the European Union (EU) would add to operational and regulatory complexity for UK insurers active in the EU, but should be manageable.

Allianz Worldwide Care unveils security and risk services for global employers

Allianz Worldwide Care, an Ireland-based health and life insurer, has released its security and risk management services for multinational companies that operate in high-risk or unstable areas.

Mutual Trust Life goes live with Sapiens ALIS policy administration system

Mutual Trust Life (MTL), a life insurance company, has implemented the Sapiens ALIS policy administration system to support its life insurance business.

Massmutual to combine US insurance, retirement operations

MassMutual has decided to club its US insurance and retirement operations into a single, integrated business unit to drive future growth and deliver enhanced customer experience.

US government to challenge MetLife SIFI decision

The US Department of Treasury has confirmed that it would appeal against the verdict of the US District Court for the District of Columbia, which has ordered removal of MetLife’s designation as a non-bank systematically important financial institution (SIFI).

Rothesay Life to buy Aegon’s UK annuity portfolio

Rothesay Life has signed an agreement to buy £6bn of annuities portfolio from Scottish Equitable, the UK subsidiary of Aegon N.V.

Court scraps US government’s labeling of MetLife as ‘too big to fail’

The US District Court for the District of Columbia has scrapped the federal government’s decision to designate insurer MetLife as a non-bank systematically important financial institution (SIFI).