The Insurance Federation of Egypt (IFE) has recommended that insurance companies adopt predictive analytics and artificial intelligence to gain insight into customer behavior and preferences.
Climate CAT events such as flooding, heat waves and drought have worsened more than half of the hundreds of known infectious diseases such as malaria, hantavirus, cholera and even anthrax according to a new research study.
The latest figures indicate that the Arctic, the planet's northernmost region, is warming four times faster than the Earth as a whole.
Policyholders of FM Global, which include one of every three Fortune 500 companies and similar size organisations worldwide, will collectively receive approximately $300m in a first-of-its-kind 'resilience credit,' providing them with additional means to invest in climate resilience solutions.
Most businesses are either still not buying cyber insurance cover or if they do buy, it is not enough to cover last year's median ransom demand according to a new survey by BlackBerry and Corvus Insurance.
Climate change and resultant excessive heat may increase the mortality rate by six times by the end of the century according to a new modelling study.
More than 20% of global executives are of the opinion that blockchain technology is all hype. A new survey by data and analytics company GlobalData has revealed that out of seven upcoming but leading technologies, blockchain was most widely believed to lack any real industry use-cases by business executives.
AIA Malaysia has entered into a strategic partnership with Southeast Asian-based digital mental health platform ThoughtFull to provide their corporate customers with end-to-end mental health support as part of the AIA Corporate Solutions portfolio.
Future underwriters must become skilled statisticians, engineers and technologically literate if insurance is to meet the needs of consumers and businesses according to a new report by the Underwriting New Generation Group (2021) of the Chartered Insurance Institute (CII).
Ping An Insurance (Group) Company of China, one of the biggest financial services group globally, has announced that its new Ping An Guanlan Data Centre No. 3 has set a benchmark for energy-saving among China's financial data centres, marking another step toward Ping An's goal to achieve operational carbon neutrality by 2030.