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At the Most Powerful Women in Banking conference this week, New York's top banking regulator said banks need to take full responsibility for the artificial intelligence models they use, even if they bought them from a third party.
October 22
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US insurer MetLife Inc. is in advanced talks to buy PineBridge Investments' assets outside of China, people familiar with the matter said, in a deal that could be valued at $1 billion to $1.5 billion.
October 22
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Allianz SE is in talks to scrap two joint ventures with Bajaj Finserv Ltd., in a dispute over the direction of the partnership, according to people familiar with the matter.
October 22
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Insurers haven't yet applied the technology to every possible application, and also have to watch out for bias in underwriting, according to experts in the firm's insurance consulting practice.
October 21
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Many homeowners don't realize they are uninsured or under-insured for storm surge and flooding.
October 21
Guidewire -
An upcoming podcast with the firm's cyber team leader Christa Johnson dives into how to prepare for vulnerabilities and the nuances of ransomware.
October 20
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Chloé Paillot, chief transaction actuary at Enstar, leads the team that evaluates client transactions in the legacy space, a specialty that gets rid of risky businesses for insurers and insurtechs through facilitating capital, offloading risk and finding reinsurance.
October 20
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Zack Kass, former head of go-to-market at OpenAI and AI futurist discusses the history and future of technology.
October 18
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Losses related to natural disasters and other perils rose for the seventh year, and that costs both insurers and consumers more money, LexisNexis said.
October 18
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