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Insurers must consider level of resources needed for AI risk framework, says Insurance Ireland
25 July 2024 -
IFoA offers ethical AI training in collaboration with CISI
24 July 2024The course has five modules, including one on risk management in AI
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ABI's Hannah Gurga champions AI and regulatory reform at PRA roundtable
19 July 2024Cheif of the UK's insurance association highlights opportunities for AI in reporting
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Disruptive technology returns to top of SOA/CAS emerging risk survey
19 July 2024Continued evolution of technologies like ChatGPT most worries risk managers, according to poll
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MS&AD launches AI home analysis with help from UK AI developer Tractable
17 July 2024 -
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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McKenzie Intelligence Services updates natcat tool with AI
04 June 2024 -
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
- European insurers call for change in Solvency II's supplemental reforms
- Japan's FSA probes personal data leak at Tokio Marine unit
- Allianz UK centralises sustainability strategy with new leadership role
- Beazley not anticipating major hit from CrowdStrike outage
- AI is only used for reserving by a fraction of insurers worldwide
- Life and annuity reinsurer Martello Re raises $1.3bn in second financing round
- German insurers dispute natcat recalibrations in Solvency II standard formula
- Insurance Ireland prescribes tonic for Irish re/insurance market
- Insured losses from CrowdStrike outage could exceed $1bn for Fortune 500
- CrowdStrike IT outage wake-up call for technology use, says WR Berkley CEO