Taylor Mixides

4 days ago | reinsurancene.ws | Taylor Mixides

AM Best, the credit rating agency, has reaffirmed its stable outlook for Chile’s insurance market, attributing its assessment to continued growth in premiums, consistent profitability, and a more robust regulatory framework. These findings are detailed in the company’s latest market segment analysis, “Market Segment Outlook: Chile Insurance.”According to the report, insurance penetration in Chile remained just under 5% as of 2023.

4 days ago | reinsurancene.ws | Taylor Mixides

The legacy and reinsurance market, once viewed as a niche or reactive segment of the insurance sector, has now become a central component of capital management strategies and long-term planning. That was the consistent theme emerging from this year’s IRLA Congress & Business Seminar, where industry leaders underscored the market’s growing sophistication, relevance, and capacity to provide scalable, forward-looking solutions.

4 days ago | reinsurancene.ws | Taylor Mixides

DWF, a provider of integrated legal and business services, has announced the appointment of Kathleen Buck as President of its US claims team within the Claims Management and Adjusting (CMA) division. With a wealth of experience in the insurance sector, Buck has a strong background in claims management. She previously served as Vice President of Claims at Minnesota Lawyers Mutual Insurance Company and has held senior roles at AXA XL and Zurich North America.

4 days ago | reinsurancene.ws | Taylor Mixides

A new survey from NEXT Insurance, a digital insurtech company focused on serving small businesses, reveals that economic pressures remain intense for entrepreneurs heading into 2025. The findings, drawn from a sample of 500 small business owners across the United States, show that inflation and labor shortages continue to be the most pressing issues. The data also suggests that while most small businesses carry insurance, few feel confident that their coverage adequately addresses their needs.

4 days ago | reinsurancene.ws | Taylor Mixides

MAPFRE, a Spanish insurer and insurance group in Latin America, has become the first IBEX 35-listed company to introduce a formal set of principles for the responsible development and use of artificial intelligence (AI). The company has launched its Manifesto for a Humanistic, Ethical, and Responsible AI, outlining its commitment to developing AI solutions that align with ethical, transparent, and socially responsible standards.