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Insuring AI
24 July 2023To its knowledge, Munich Re was the first insurer in the world to start insuring artificial intelligence risk. Iris Devriese speaks to Sarfraz Thind about how the business developed and the impact of Generative AI
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Actuaries must find sweet spot of pricing for risk and societal ends
11 July 2023DAV actuary Frank Schiller warns pricing for social acceptance alone can lead to anti-selection bias
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Munich Re Specialty Group recruits Chika Aghadiuno as CRO
07 July 2023She was previously Aviva's group enterprise risk director
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Probitas syndicate pulls out of Adani cover
06 July 2023Insurance actuaries reveal also helping to fight further coalpits in Australia
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Beneva exits NZIA as UN Secretary-General condemns legal threats to net zero transition
16 June 2023António Guterres urges governments to demonstrate a political will to reach net-zero targets
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IAG expects costs for natural perils to increase further in 2024/25
15 June 2023Group now paying 19% of relevant premiums for perils claims
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Insurers' TCFD reporting: differences, similarities and highlights
08 June 2023Now that many insurers have released their Taskforce on Climate-related Financial Disclosure reporting for the year, Joshua Geer compares the results and picks out highlights across the four pillars of the framework
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NZIA now 10 players down, as Lloyd's and QBE exit
30 May 2023A total of 17 insurers remain in the alliance
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UNEP defends NZIA's collaborative action stance on climate emergency
24 May 2023Aviva praised the alliance's role in developing a framework to meet net-zero
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Sanctions and discontinued business cut Munich Re's underwriting GHG emissions
18 May 2023The reinsurer also explained the major climate risks affecting its business