Did Big Data Enable Lloyd’s to Predict France’s World Cup Win? Well, Maybe… July 16, 2018 By L.S. Howard Ahead of the recent World Cup in Russia, Lloyd’s of London predicted that France would be victorious. And victorious they...
UK PM’s Brexit Plans Threatened by Euroskeptics; Others Support 2nd Referendum July 16, 2018 By Stuart Biggs and Robert Hutton Theresa May’s long-running battle with her divided Conservative Party took a potentially more dangerous turn, as one of her former...
NTT DATA UK to Provide Robotics Services for TMK’s Marine Transactions July 16, 2018 NTT DATA UK, a Tokyo-based consulting and IT services provider, announced it has entered into a partnership to provide robotics...
UK Retailer Debenhams Denies Cash Crunch From Cut in Suppliers’ Credit Insurance July 16, 2018 British department store retailer Debenhams said it had a healthy cash position after a media report on Sunday saying insurers...
Sustainable Re/Insurance Industry Vital in Uncertain World: Swiss Re’s Ojeisekhoba July 16, 2018 By Moses Ojeisekhoba Following Hurricane Katrina in 2005, former U.S. Vice President Al Gore described it as “the first taste of a bitter...
U.S. Sanctions Likely to Ban Use of Lloyd’s IT Platform for Processing Iran Insurance July 16, 2018 By Carolyn Cohn and Jonathan Saul New U.S. sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance,...
Judge Rules Airbnb Can’t Dodge Aimco’s Illegal Sublease Claims in Miami July 16, 2018 By Edvard Pettersson Airbnb Inc., having escaped a major U.S. landlord’s lawsuit over partying tourists at high-end Los Angeles apartments, will have to...
Insurance Industry Is Rethinking Cat Modeling After Last Year’s Disasters July 16, 2018 By Elizabeth Blosfield After Hurricane Harvey swept through Texas last August, it not only left behind nearly 50 inches of rain in some...
P/C Insurers Double Q1 Profit on Tax Changes, Growing Economy, Lower Cat Losses July 16, 2018 By Andrew G. Simpson Tax reform, a growing economy and lower catastrophe losses helped U.S. property/casualty insurers more than double their first quarter profit...
Trump Administration Forms Financial Frauds Task Force July 16, 2018 By Ben Bain and David McLaughlin In forming a new task force to protect consumers from fraud, the Trump administration made clear that one of the...