Archive

  • NN Japan's CRO on his AI adventure

    20 November 2023

    Herman Gayle has a particular passion for AI, which he has been pushing to develop since he joined the firm five years ago. Such is his enthusiasm that he even arranges his holidays with it. Sarfraz Thind reports

  • Cyber risk's fundamental mischaracterisation as an insurance risk

    15 November 2023

    Tim Freestone and Malcolm McLelland argue for a radical overhaul of how cyber risk is quantified and priced. In the first of a two-part article, they explain the classification of cyber as a market risk and propose using modern financial theory to model it

  • Sustainable insurer of the year: Aviva

    07 November 2023

    There are many firms saying the right things about climate and sustainability, but relatively few who are turning their words into meaningful actions. Christopher Cundy reports

  • Rethinking our relationship with catastrophe models

    14 August 2023

    Catastrophe models provide insights for underwriters and risk managers about how to price re/insurance and manage accumulation risk. But the relationship is fraught with some fundamental problems that Tom Philp wants to solve, as he explains to Christopher Cundy

  • Quantum computing and AI power actuarial modelling breakthroughs

    28 July 2023

    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

  • Viral load: how actuaries used democratised data to beat Covid-19

    13 July 2023

    The flood of public data on Covid-19 became a silver lining for actuaries amid the dark clouds of the pandemic, as David Walker reports

  • Moody's RMS opens the door to open-source cat modelling

    25 May 2023

    The leading catastrophe modelling firm has taken a major step in allowing its users access to third-party models, based on open-source standards, alongside its proprietary offerings. But its embrace of the open-source world is limited, as Christopher Cundy reports

  • Inflation risk: not going away, still uncertain

    15 May 2023

    The UK might have passed its peak inflation rate, but that doesn't mean inflation is a historic risk, as Ronan McCaughey reports from the Institute and Faculty of Actuaries' Spring conference

  • Will AI grow or shrink the insurance market?

    08 May 2023

    Artificial intelligence (AI) offers the opportunity for insurers to cover more risks at a reasonable price, but it also threatens insurability, as Esko Kivisaari discusses with Christopher Cundy

  • Catastrophe models lead the charge on climate risk integration

    27 April 2023

    Insurers are putting significant effort into understanding how climate affects their business - none more so than in improving their catastrophe models, as Joshua Geer reports