Global premiums rose by 7.6% in 2023, but Ilias Tsakiris underlined importance of excellence in underwriting as marine insurers face evolving, global challenges.
The application of AI can allow benefits including hyper-personalisation of products, but guardrails are key, experts said during an SAP Fioneer webinar.
Reinsurers and life firms face the biggest impact of an accounting change which moves the industry away from relying on Gross Written Premiums as a way of reporting revenue.
Marsh, Zurich whitepaper outline three-part plan to expand cyber coverage by strengthening resilience, quantifying cat risks, and increasing public-private partnerships.
Praedicat’s models and predictive analytics help (re)insurers manage risks linked to catastrophic events, such as product and environmental liabilities, including in the Asia Pacific region.
