Claims & Losses
Claims & Losses
News, insights and thought leadership for re/insurance professionals with an interest in claims and losses.

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WTW and Riskonnect join forces to launch a new Risk Diagnostic Tool

WTW and Riskonnect join forces to launch a new Risk Diagnostic Tool

WTW announced a partnership with Riskonnect to pilot an innovative analytical delivery tool which connects claims and exposure data through its new WTW Risk IQ API (application programming interface)...
WTW announced a partnership with Riskonnect to pilot an innovative analytical delivery tool which connects claims and exposure data through its new WTW Risk IQ API (application programming interface)...
PR / 18 days ago
Fast growing claims benchmarking service celebrates milestone, reaching 45% of UK motor market in four months

Fast growing claims benchmarking service celebrates milestone, reaching 45% of UK motor market in four months

The market share of Willis Towers Watson’s Claim Metrics has grown rapidly since its launch in November 2018, now representing a total claims spend of £12.5bn...
The market share of Willis Towers Watson’s Claim Metrics has grown rapidly since its launch in November 2018, now representing a total claims spend of £12.5bn...
PR / 5 years ago

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Florida OIR Fines Heritage P&C $1M for Ian Claims Issues
Florida OIR Fines Heritage P&C $1M for Ian Claims Issues
The Florida Office of Insurance Regulation in recent weeks has fined five property and casualty insurers,...
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Taiwan P&C sector to withstand earthquake losses despite BI exposure
Taiwan P&C sector to withstand earthquake losses despite BI exposure
Taiwan's property and casualty insurers do not appear to be on the hook for significant insured losses fo...
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Heavy Rains Expected to Have Limited Impact on Brazilian Insurers
Heavy Rains Expected to Have Limited Impact on Brazilian Insurers
Fitch Ratings does not expect the recent heavy rain storms and flooding in Brazil to significantly impact...
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Insurer in Full: (Re)insurers guide towards manageable Baltimore bridge claims impact amid ongoing uncertainty over losses
Insurer in Full: (Re)insurers guide towards manageable Baltimore bridge cla...
One of the key takeaways from Q1 reporting to date has been efforts by (re)insurers to reassure investors...
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A.M. Best: Social Inflation Key Factor in Rise of Loss Severity
A.M. Best: Social Inflation Key Factor in Rise of Loss Severity
Loss severity for many U.S. casualty lines of insurance business has exceeded economic inflation over the...
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Overworked and Overwhelmed: Adjusters Voice Concerns Over High Claim Volumes - Claims Pages
Overworked and Overwhelmed: Adjusters Voice Concerns Over High Claim Volume...
A recent thread on a Reddit community for adjusters has brought to light the intense...
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Greenlight Re assumes full-limit loss on Baltimore bridge collapse: CEO
Greenlight Re assumes full-limit loss on Baltimore bridge collapse: CEO
The bridge disaster added 6.3pts points to the company's overall CoR in Q1....
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