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

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ADEPT Enables New Initiative to Connect Italian Reinsurance Market

ADEPT Enables New Initiative to Connect Italian Reinsurance Market

The Italian Market Data Exchange Platform (IMDEP), built on ADEPT, will enable the Italian (Re)Insurance ecosystem to connect on the exchange of ACORD Global Reinsurance and Large Commercial...
The Italian Market Data Exchange Platform (IMDEP), built on ADEPT, will enable the Italian (Re)Insurance ecosystem to connect on the exchange of ACORD Global Reinsurance and Large Commercial...
Article / 2 years ago
Milestone Exchange of ACORD Standard Messages

Milestone Exchange of ACORD Standard Messages

In an insurance industry milestone, a reinsurer – Swiss Re – and a major primary carrier have successfully implemented automated claims, technical accounting, and cash transactions using ACORD Data Messaging Standards in the US....
In an insurance industry milestone, a reinsurer – Swiss Re – and a major primary carrier have successfully implemented automated claims, technical accounting, and cash transactions using ACORD Data Messaging Standards in the US....
Article / 5 years ago

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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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Insurance firms deny Chevron's $57 million claim for Iran oil seizure - Reuters
Insurance firms deny Chevron's $57 million claim for Iran oil seizure - Reu...
Three insurance companies have rejected Chevron's claim over the seizure last year of an oil cargo by Ira...
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Baltimore bridge supply chain insurance losses likely
Baltimore bridge supply chain insurance losses likely
The collapse of the Francis Scott Key Bridge in Baltimore in March could well result in supply chain-rela...
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GenAI: The Double-Edged Sword - Claims Management Magazine
GenAI: The Double-Edged Sword - Claims Management Magazine
In the rapidly evolving landscape of technology, one of the most revolutionary advancements that has gain...
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Social inflation has put severity pressure on loss cost trends over last five years: CNA CEO
Social inflation has put severity pressure on loss cost trends over last fi...
Long-run loss cost trends in the US are at 6.5% as a result. CNA Financial CEO Dino Robusto said that ov...
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Berkshire's Jain on Cyber: ‘The Mindset Should Be You're Not Making Money'
Berkshire's Jain on Cyber: ‘The Mindset Should Be You're Not Making Money'
While describing cyber insurance as a “fashionable” and profitable business, Berkshire Hathaway's head of...
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