Software/IT

Analysis

07 June 2024

Global Atlantic's transformational technology officer

Padma Elmgart talks to Sarfraz Thind about her work in modernising the tech structure of the fast-growing US annuity provider
31 May 2024

CROs' secrets of success for managing third-party and digital risks

Risk experts explain how insurers can improve operational and third-party risk management, what works for them, and the impact of new regulations in this area. Ronan McCaughey reports
28 July 2023

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
02 June 2023

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
25 May 2023

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

News

  • Cyber insurers could face largest loss in 20 years from CrowdStrike Outage

    25 July 2024

    Insured losses are estimated to be between $400m and $1.5bn, says CyberCube

  • Insured losses from CrowdStrike outage could exceed $1bn for Fortune 500

    24 July 2024

    Parametrix said the portion of economic losses covered under cyber insurance policies will not be more than 10% to 20%

  • Japan's FSA probes personal data leak at Tokio Marine unit

    23 July 2024

  • AI is only used for reserving by a fraction of insurers worldwide

    23 July 2024

    But LCP survey found 53% of teams said they plan to increase usage in the future

  • System failure and business interruption the major loss triggers from global IT outage

    22 July 2024

    Business interruption losses unlikely to be covered by general insurance policies, says APCIA

  • LMA: IT outage chaos unlikely to breach op risk impact tolerances

    19 July 2024

    Matt Wood, head of technology at the Lloyd's association explains insurance implications

  • Cytora teams up with Gamma Risk to map out commercial property risk for insurers

    17 July 2024

  • NYDFS issues guidance on AI discrimination

    11 July 2024

    Insurers in the state are expected to demonstrate the "actuarial validity" of AI

  • Schroders Capital and Hannover Re unveil tokenised ILS blockchain pilot

    04 July 2024

  • GenAI could mean a 10%-30% boost for insurers' risk functions

    03 July 2024

    Consultancy McKinsey says the insurance sector is still defined by manual processes and legacy systems

  • No concrete offerings for personal cyber insurance yet, but optimism brews

    26 June 2024

    The Association of British Insurers outlines findings from its cyber market research

  • European Commission launches AI in finance sector consultation

    18 June 2024

  • Free webinar: Improving productivity, efficiency and reliability in actuarial modelling: which technology to choose?

    13 June 2024

    Join InsuranceERM and Milliman on 18 June

  • Natcat compounding effects and silent AI are Swiss Re's top emerging risks

    12 June 2024

    The reinsurer's annual Sonar report features 16 emerging risks and their potential impacts

  • NHS cyber-attack: insurers reiterate need for cyber resilience

    07 June 2024
Most Read
  1. European insurers call for change in Solvency II's supplemental reforms
  2. Japan's FSA probes personal data leak at Tokio Marine unit
  3. Allianz UK centralises sustainability strategy with new leadership role
  4. Beazley not anticipating major hit from CrowdStrike outage
  5. AI is only used for reserving by a fraction of insurers worldwide
  6. Life and annuity reinsurer Martello Re raises $1.3bn in second financing round
  7. German insurers dispute natcat recalibrations in Solvency II standard formula
  8. Insurance Ireland prescribes tonic for Irish re/insurance market
  9. Insured losses from CrowdStrike outage could exceed $1bn for Fortune 500
  10. CrowdStrike IT outage wake-up call for technology use, says WR Berkley CEO