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A gauge for the sector on the Lagos-based Nigerian Exchange has risen 41% this week, according to data compiled by Bloomberg.

As skills used at insurance companies more closely resemble those used in other industries, insurers face tougher competition recruiting recent college graduates, experts from Travelers, Aon and academia said.

Combining quantum computing with AI will transform them into an exponential problem-solving power, redefining risk assessment, claims and pricing.

"Nothing could delay a restructuring or a consensual deal [more] than the existing board was doing," said Assured Guaranty CEO Dominic Frederico of the Trump administration's removal of Puerto Rico oversight board members.

Insurers are adopting artificial intelligence because it brings unmatched speed, consistency and increased intelligence across their operations.

Telematics is revolutionizing car insurance through usage-based policies and personalized risk management options.

A new research report from Wipro found that 81% of insurers plan to increase their investment in artificial intelligence over the next year.

A 65-year-old retiring in 2025 can expect to spend $172,500 on health care expenses throughout retirement, according to Fidelity.

Sarah Murrow, who became CEO of the trade credit insurer's U.S., Canada and Brazil unit on July 1, told Digital Insurance about its unique data and the advantages that it gives its clients.

Younger generations prefer working with an advisor who is familiar with using AI as a financial planning tool, according to a new Northwestern Mutual study.