Archive

Survey reveals cyber, climate and business interruption as insurers' top concerns

AI uptake highest among insurers, UK regulator survey reveals

It is the third AI survey from the Bank of England and the UK's Financial Conduct Authority

GIRO 2024: Actuaries debate if AI will make reserving obsolete

The conference hears spirited arguments on whether automation will transform or merely enhance reserving processes

Cyber fraud bypassing traditional security tools

At-Bay warns about the "democratization of cyber-crime"

Scor and Swiss Re heap praise on "game-changing" upgrades to generative AI

Top executives describe "really staggering" applications to their operations

Swiss Re "thinks like a software company", proclaims CEO Andreas Berger

Berger notes half of industry's secondary perils exposure only covered by models since 2019

AI/ML adoption rising among insurers for storm risk assessments

One in four P&C insurers now use AI to evaluate severe convective storm risks, says ZestyAI

Insurance Europe urges EU to rethink AI liability directive

AI liability framework faces industry pushback over innovation and legal concerns

UK unveils insurance fraud charter to combat rising cases

Charter aims to stop a surge in fraud

AI's potential to improve customer outcomes

Artificial intelligence could be a powerful tool to help insurers serve customers better, but it needs better regulation and governance. Martin Assmann reports