All the headlines from our PwC Topic Page, ordered by recency.
Mar 24 2017 // Approximately 32 percent of existing UK jobs in financial services and insurance could be automated by robotics and artificial intelligence (AI) over the next 15 years, according to a new study by...
Mar 24 2017 // PricewaterhouseCoopers LLP has settled a $3 billion negligence lawsuit over the October 2011 collapse of MF Global Holdings Ltd, the futures and commodities brokerage once run by former New Jersey governor Jon...
Mar 7 2017 // PwC has created a working blockchain prototype for the London Market’s Target Operating Model (TOM) Innovation Exchange, which demonstrates how the technology can support claims bordereau management processes, the...
Mar 3 2017 // PricewaterhouseCoopers LLP’s epic screw-up at the Oscars could carry a high cost if jurors arrive at a malpractice trial next week suspecting the global accounting firm is error-prone.Until a PwC accountant handed...
Feb 14 2017 // Insurance CEOs are more concerned than leaders in other industries about combined disruptive threats to their revenue growth prospects, according to findings from the 20th annual “PwC Global CEO Survey.”PwC...
Feb 1 2017 // Paul Delbridge has taken on the role of London market insurance leader at PwC. Delbridge is a partner with 30 years’ experience at the firm, including three years in New York, almost all of which has been spent in...
Jan 12 2017 // PwC has appointed Jim Bichard to lead its 1,000-person strong UK insurance practice. Bichard succeeds Jonathan Howe, who has led the practice since 2013.Bichard, who has led PwC’s London Market and Broking team since...
Nov 18 2016 // North American reinsurers may soon see some rate stabilization after a prolonged period of declining premium rates, as they deal with a supply-demand imbalance that has weighed on returns, according to executives at the...
Oct 25 2016 // Exxon Mobil Corp. is headed to a courtroom in New York for the first time to try to block the state’s demand for accounting documents about how climate change will affect its finances.New York Attorney General Eric...
Sep 19 2016 // The business outlook for the London insurance market is a familiar one across other global markets: underwriting profits are under pressure as ongoing soft market prices begin to take a toll.In separate reports on the...
Aug 24 2016 // The business outlook for the London insurance market is a familiar one across other global markets: underwriting profits are under pressure as ongoing soft market prices begin to take a toll.In separate reports on the...
Aug 8 2016 // A federal judge rejected PricewaterhouseCoopers’ bid to dismiss a $1 billion lawsuit accusing the accounting firm of professional malpractice for helping cause the October 2011 bankruptcy of MF Global Holdings Ltd, a...
Jun 17 2016 // While 90 percent of insurers fear they will lose business to a FinTech start-up, only 43 percent say they have put FinTech at the heart of their corporate strategies, according to report published by PwC.As customers...
May 25 2016 // There is a real risk that casualty reserves for business written in 2015 will run off at a loss in the future, according to PwC’s London re/insurance market review of reserve adequacy.PwC pointed to the fact that the...
May 10 2016 // Drones will soon be boosting crop yields, verifying insurance claims, and assisting in future Hollywood blockbusters in a business that’s due to boom by more than 6,000 percent by the end of the decade.The global...
Feb 2 2016 // UK companies and institutions remain vulnerable to cyber attacks despite the fact that many CEOs now rank cyber as one of the top threats to their businesses, warns PwC’s Cyber Security practice.Almost three-quarters...
Jan 13 2016 // Insureon, an online agency for small business insurance, said it has expanded its leadership team to include Brandon Hickey as president of Insureon Brokerage and Mark Thompson as senior vice president, Product...
Dec 8 2015 // Commenting on the impact of Storm Desmond, Mohammad Khan, general insurance leader at PwC UK, stated that the accounting firm’s “current estimate of the damage caused by Storm Desmond is £400 million –...
Oct 21 2015 // South Africa’s biggest insurers are considering technology and telecommunications partnerships as they seek ways to improve earnings to counter increased competition and a slowing economy, according to...
Jun 22 2015 // A get-tough approach to poor employee performance, in terms of behavior and reaching targets, risks creating a climate of fear and breeding more unethical conduct in financial services – the opposite of what regulators,...