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
Prudential Financial's CRO discusses interest rates, AI and climate risk
Meyrick Douglas has contended with banking stress in the US, rising interest rates, edgy markets and ChatGPT since becoming Prudential Financial's chief risk officer in November 2022. He sits down with Ronan McCaughey to discuss. Additional reporting by Paul Walsh
Moody's RMS opens the door to open-source cat modelling
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
Catastrophe models lead the charge on climate risk integration
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
Insurers' top cyber vulnerabilities in 2023
Lucy Scott, a partner for global cyber and technology at insurance broker Lockton, explains the key cyber risks facing insurers in 2023 - and why defence controls are more important than ever
Ledger Investing aims to crack the casualty ILS code
Led by ex-AIG chief risk officers, Ledger Investing is entering the relative unknown in connecting insurance-linked securities (ILS) investors with casualty risks. Paul Walsh reports
RVS 2022: emerging risks are fattening the tail
The interconnectedness of emerging risks threatens to exacerbate extreme losses for reinsurers. Paul Walsh reflects on the discussions at the Rendez-Vous de Septembre (RVS) in Monte Carlo
Insurtech's growing pains
Insurtechs have faced a tough 12 months. What was once the land of endless opportunity has become an environment of job cuts and dried up funding. But making the journey from puberty to adulthood was never going to be easy, as Sarfraz Thind reports
Climate and inflation threats spark response from technology vendors
Risk modelling and management teams are being pushed to improve how they deal with climate and inflation risk - and software vendors are responding, as Ronan McCaughey explains
Blockchain in insurance: surviving the wreckage
Blockchain technology has so far failed to revolutionise the insurance business, but it has found some niches where it seems to be enduring. Paul Walsh reports