Karl Marshall wants clients to see the full range of outcomes behind a model result, not a single figure, and says AI should support specialists rather than replace them.
Visakhapatnam, an emerging AI data centre hub, largely escaped the storm’s impact, though loss adjusters are still weighing potential construction-level risks.
Rai will promote the GIFT City-based group’s capabilities overseas as it builds a business serving India and other high-growth markets in Asia and Africa.
Pricing, claims management and operating efficiency have narrowed the insurer’s underwriting losses, and growing scale should help it sustain profitability from 2028.
The institute's call to action comes as recent cybersecurity incidents at financial institutions exposed the risks posed by internet-facing systems and third-party connections.
Insurers must submit improvement plans by the end of November, and the regulator will check how they applied tighter assumption rules in their 2026 year-end liability valuations.
