Archive

COMMENT: How AI is (and isn't) reshaping insurance

Martin Assmann surveys the scene from the Insurtech Insights Europe event

Scor explains AI use in underwriting and process automation

Scor's 2024 profit plummets to €4m on L&H assumptions review

Insurance service result for life and health division was negative €348m

Strong reinsurer appetite drives loss-free property cat rates down at 1 Jan renewals

But prices rise up to 30% for loss-affected books, says Guy Carpenter

Reinsurers set optimistic business targets for 2025 with pricing to remain strong

Companies say there are favourable market conditions

Re/insurers reveal financial impacts from hurricanes Milton and Helene - UPDATED

The hurricanes made landfalls in the US barely two weeks apart, in September/October

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

Top executives describe "really staggering" applications to their operations

Campaigners renew criticism of Lloyd's fossil fuel coverage

Reclaim Finance report identifies leaders and laggards among 51 managing agents

Insurance chiefs say AI, scale and partnerships are key to navigating a risky new world

Executives at Lloyd's, Scor and Axa discuss how re/insurers are preparing for the future

P&C reserving still "in the 1990s" and must demonstrate value to justify tech investment

Scor's Larry McClure discussed the issue at the Global Insurtech Summit USA in New York