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Axa develops generative AI tool for employees
28 July 2023Axa Secure GPT is an internal service built on Microsoft's Azure OpenAI Service
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European insurers back EU Green Claims Directive but call for greater clarity
28 July 2023Insurance Europe has expressed three main concerns
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Insurer wins case in $80m bitcoin theft
28 July 2023Nationwide Mutual will not have to pay legal bills for crypto thieves
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Quantum computing and AI power actuarial modelling breakthroughs
28 July 2023When 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
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H1 natcat insured losses hit $43bn, Munich Re estimates
27 July 2023 -
Generative AI spread will take longer than breathless rhetoric suggests, says Chubb CEO
27 July 2023Chubb is scaling AI use for its business, predicts it is inevitable for modern insurer
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UK GAAP could be aligned with IFRS 17 by the early 2030s
27 July 2023BDO's Mark Spencer says firms can begin preparing now for change in accounting standard
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Liberty Mutual becomes latest insurer to jump ship in California
27 July 2023Cites escalating costs as insurers battle with climate change impacts
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Insurers urged to heed the lessons of Credit Suisse and NatWest risk management failures
27 July 2023Trouble at banking firms underscores the importance of a strong risk culture
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Bumper pensions buy-out activity in UK forecast for H2
27 July 2023