Logo Image
In Brief
Spotlight

AI automation hits insurance jobs as Allianz plans cuts

Nearly half of respondents expect AI automation to replace a quarter of staff as Allianz Partners plans to cut up to 1,800 roles.

Latest news

US prosecutors examine LA Dodgers owner Mark Walter-linked insurers – report

Delaware Life Insurance and Clear Spring Life and Annuity were served with grand jury subpoenas in February.

Sompo agrees to acquire Fator Seguradora in Brazil

The acquisition is part of Sompo’s strategy to expand its presence in the corporate insurance market by widening its portfolio of specialised solutions.

Aon expands Data Center Lifecycle Insurance Programme to $5bn

According to Aon, the expansion comes amid increasing investment in AI, cloud computing and hyperscale data centres, which is driving demand for insurance solutions for larger, more complex and capital-intensive projects.

Willis Re launches global life reinsurance practice

Willis Re said the new unit broadens its position in the international reinsurance market.

Howden acquires Irish practice Thomond Asset Management

Thomond advises individuals and business owners on financial planning, investments and estate planning.