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AI Act implementation timeline published
12 July 2024Obligations for high risk systems come into force August 2026
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NYDFS issues guidance on AI discrimination
11 July 2024Insurers in the state are expected to demonstrate the "actuarial validity" of AI
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Gen AI models inherently difficult to explain
11 July 2024The technology is way beyond human brain, challenges notions of transparency and accountability, say IAIS panellists
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GenAI could mean a 10%-30% boost for insurers' risk functions
03 July 2024Consultancy McKinsey says the insurance sector is still defined by manual processes and legacy systems
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Natcat compounding effects and silent AI are Swiss Re's top emerging risks
12 June 2024The reinsurer's annual Sonar report features 16 emerging risks and their potential impacts
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ECA 2024: CNP's Thomas Béhar explains insurers' "evolving approach" to AI
07 June 2024The CFO says insurers should use a blend of Gen AI and traditional AI
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Swiss Re predicts mainstream AI coverage
29 May 2024Current hurdles for growth include lack of historical data and universally agreed definitions on underperformance
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US lagging Europe on AI regulations
08 May 2024AI insurance guidance not uniformly implemented in US
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AI model risk presents insurance quantification challenges, says Munich Re
08 May 2024Company will not insure AI models used in asset management
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Eiopa finds digitalisation of EU insurance sector "at an incipient stage"
30 April 2024The authority found significant variation in digitalisation between countries