Even as demand for AI accelerates rapidly, resilience is struggling to keep pace.
In her welcome remarks at the 12th edition of the Dive In Festival, WTW Head of Great Britain for WTW and Head of Employee Experience Consulting, Europe and International, Gaby Joyner opened with, "AI is changing the way we work at an unprecedented pace. We are talking about it every day with clients. We are talking about it every day internally.
The 31st East Asian Insurance Congress opened in Tokyo yesterday evening, returning the gathering to the city where it began in 1964 for a fourth time in more than six decades. The theme, "Back to the Origin, A Bridge to the Future," called to mind the region's insurance history, the Congress' storied past and the many relationships that were built throughout its 62 years.
APAC may be the fastest-growing insurance region globally, yet growth is uneven.
APAC has become what he described as "the engine room for global aviation industry growth and aerospace".
Through the years, actuaries have kept redefining what it means to take risk: they price new risks, reserve for risks already underwritten and set aside capital to withstand extreme events.
Opening session speakers at the Sri Lanka International Insurance Summit in Colombo yesterday emphasised on the tremendous opportunities being created in Sri Lanka for insurance industry stakeholders and called for a collaborative approach in building a strong and resilient insurance sector.
Speakers at the opening session of the 14th Asia Insurance Brokers' Summit in Jakarta Indonesia said that Asia's insurance broking industry is entering a defining era, as they face structural pressure and increasing competition from digital platforms and embedded insurance ecosystems.
Model management took centre stage on the opening day of the 22nd Asia Nat CAT and Climate Change Conference in Makati City, as industry experts discussed how risk models can remain effective in an increasingly complex environment shaped by climate change and cyber threats.
1,300 participants from 175 companies across 27 countries gathered at the Grand InterContinental Seoul Parnas in Gangnam, Seoul from June 10 to 11 to discuss how artificial intelligence, cyber risk, and mobility innovation are reshaping the future of insurance. Participants assessed how the insurance sector must adapt to rapidly evolving technologies and interconnected risks that are redefining traditional underwriting and claims approaches.