Archive

Aon set for possible legal action over Vesttoo collateral investigation

The firm stressed it had "meritorious defences" in response to the allegations

Fidelis MGU sets 2030 decarbonisation target for underwriting portfolio

The development is a step towards its 2050 net-zero insurance-associated emissions target

Aon: data indicates minimal insured losses from Greek wildfires

Abrdn says Part VII transfer with Phoenix delayed to "at least October 2024"

MSIG Mingtai using Moody's RMS model for earthquakes and typhoons

Insurers face difficulties in modelling potential Atlantic currents collapse

Aon and climate expert Tom Mortlock highlighted the importance of climate tipping points in stress testing

Axa develops generative AI tool for employees

Axa Secure GPT is an internal service built on Microsoft's Azure OpenAI Service

European insurers back EU Green Claims Directive but call for greater clarity

Insurance Europe has expressed three main concerns

Insurer wins case in $80m bitcoin theft

Nationwide Mutual will not have to pay legal bills for crypto thieves

Quantum computing and AI power actuarial modelling breakthroughs

When identifying, analysing and pricing risk, non-life actuaries are finding classical approaches just don't cut it. Artificial intelligence, quantum computing and novel data sources are showing the way forward, as David Walker reports