Emerging risks | Growth Opportunities | APAC Insurance
Tuesday, May 21, 2024
Emerging risks | Growth Opportunities | APAC Insurance
Tuesday, 21 May 2024
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Howden Re report spotlights a gap between perceived and actual cyber risks.
Bespoke parametric policy provides earthquake cover for submarine fibre optical cables that are installed and operated by PNG DataCo.
Green transition and ageing population among areas of opportunity for insurers, as CEO Christian Mumenthaler tells China Daily, "There's a lot more to do and I'm certainly excited about the opportunities,"
Insurtech to use funding to expand range of protection solutions, deploy AI for claims handling, and accelerate growth plans.
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“Some large Japanese insurance providers have been working quite hard on personal cyber insurance products.”
“We strongly believe that humans and AI together achieve better outcomes than either one on its own.”
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“This is a very serious issue that must not be overlooked.”
“If you have an AI platform that has been developed in the United States but trained on data from China, then you will have a China bias that may not work elsewhere.”
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“Government intervention in the reinsurance markets created complacency among local reinsurers, and led to a reduction in the quality of business being underwritten.”
“Facilitating cross-border reinsurance capital flows fosters market stability, enhances competitive dynamics, and, in turn, affords insureds enhanced access to global best practices.”
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