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A survey by PricewaterhouseCoopers L.L.P. found that changes in technology will be the biggest challenge facing insurance leaders around the world over the next two to three years, Independent.ie reported. Cyber was cited as the second biggest challenge, both from an operational point of view and as an underwriting risk.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Tycoon gets death sentence for multi-billion-dollar fraud
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees