Risk

AI training can become a financial bottomless pit if insurers don't understand the complexities involved.

Ernst Rauch, chief climate scientist at Munich Re, says insurers are now having to rethink how they classify storms.

Athene, an Apollo unit, is one of several insurers ramping up their participation in net asset value financing, an increasingly popular form of borrowing for private equity funds that need liquidity amid a tough market for cashing out holdings

Digital Insurance reached out to insurance professionals about new and emerging risks.

Digital Insurance reached out to insurance professionals about cyber risk trends.

Digital Insurance reached out to insurance professionals about property and casualty trends to expect next year.

Insurers Chubb and QBE North America, as well as reinsurer Swiss Re, seek to educate insureds on how to mitigate risks of natural catastrophe damage.

Markel, Chubb, W.R. Berkley, Central Insurance and Ascot Group appointments.

Start thinking ahead about Gen AI now, Geico marketer says. Insurance industry analysts expect more investment in and adoption of Gen AI by carriers in the coming year.

Digital Insurance's top AI insurance stories including topics related to Gen AI and regulations.

Manulife Financial Corp. agreed to reinsure $10 billion of reserves with KKR & Co.'s Global Atlantic Financial Group. The transaction is expected to be completed in the first half of next year, subject to regulatory approval.

Risk analytics essential to equip P&C insurers in California with the capabilities to precisely identify, evaluate and price risk.

Insurers are feeling the effects of the climate crisis but only 8% are currently attacking climate change head-on with strategic and proactive initiatives, according to Capgemini research.

Insurers considering using Gen AI for claims, underwriting and other operational functions will need to watch out for "hallucinations," the phenomenon of Gen AI language models producing inaccurate or nonsense results.

Insurers are harnessing the power of data technology to better manage risk exposures.

Insurance leaders need to address emerging challenges in API security.

Insurance carriers are potential targets for cybersecurity incidents but organizations look to them for best practices.

Digital Insurance asked ChatGPT what areas insurance carriers should prioritize related to cybersecurity.

Tim Francis, enterprise cyber lead at Travelers, spoke with Digital Insurance about cybersecurity and steps businesses can take to reduce potential exposures.

Russell Higginbotham, CEO, Reinsurance Solutions at Swiss Re, shares the ways he sees application of technology to data, risk and communication changing the insurance industry.