Of Special Interest


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15th November 2020

Newslink Global Insurance Trends-Editor's Weekly Overview

This week, the latest Swiss Re sigma report predicted that Global insurance markets were set to rebound with China leading the recovery. The latest MIB Life Index highlighted continued growth in US Life Insurance activity, and Capco suggested that financial services firms can learn from the military approach. EIOPA published its updated Risk Dashboard based on the second quarter of 2020 Solvency II data. The Paris Commercial Court ruled against Covea and Thierry Derez over Covea's bid to take over SCOR-both Covea and Derez are to appeal.
Forrester published its Q3 InsurTech Funding Roundup report, and Kickstart's report highlighted InsurTech digitisation initiatives in Europe. FRISS reported on its worldwide study around insurance fraud. MAPFRE USA deployed Guidewire for personal lines business Innovation and growth, with commercial lines transformation through Guidewire Cloud underway. INSTANDA launched Integration Marketplace, allowing insurers access to multiple platforms in one place, and Majesco announced the rapid development of HSB's Total Cyber product. Tokio Marine Kiln selected Pega Platform to improve operational efficiency, and TCS deepened its strategic partnership with Prudential Financial. Sapiens is to acquire Tia Technology based in Denmark, and also announced that Norway-based Gjensidige Pensjonsforsikring(GPF) had chosen its CoreSuite for Life & Pension(L&P) platform. Willis Towers Watson acquired Acclimatise in a move that further strengthens its climate resilience leadership.
Davies Group announced it is to rename its Requiem intermediary services business as the operation looks to broaden the services it provides to the market. Cinven and GIC are to acquire specialist insurance broker Miller. Latest financials and trading updates included Ageas, Berkshire Hathaway, Direct Line, and Zurich; Enstar, Lancashire, and Talanx.


With the COVID-19 pandemic necessitating a dispersed workforce resulting in a surge in digitisation, climate change ongoing issues, growing cyber threats, and public trust a continuing challenge, there is an increasing need for key staff to keep in touch with global market trends and to be able to speedily drill down on areas of interest and print/email an automatic report.
Full articles on the topics in the Editor's Weekly Overview above are included in those added this week to the unique Insurance Newslink Global Trends Database Research Matrix service at www.onlystrategic.com

The self-search and reporting service across all (re)insurance sectors has covered key global trends since its launch in 1993-bringing together significant worldwide market and IT/InsurTech intelligence from source-editing and linking across region/country, regulatory, surveys/research, results, and IT by business application area. The database contains over 53,000 linked articles and is updated twice-weekly.

Sister-service Banking Newslink contains over 34,000 articles, and Financial Newslink is a combination of both database services.