BlogHide Resteemsbeinsure (27)in reinsurance • 7 days agoReinsurers Claim 2024 U.S. Casualty Price Increases Fall ShortThe mid-year reinsurance renewals occurred against a continued increase in reinsurer appetite as overall reinsurance capacity grew. This uptick in capacity occurred against a backdrop of strong…beinsure (27)in reinsurance • 8 days agoReinsurance premium rates increased. Interest rates remained highIn 2024, reinsurance premium rates increased, interest rates remained high, and capital markets performed well. The composite achieved its highest ROE in five years. Retained earnings grew due to…beinsure (27)in insurance • 8 days agoLife insurance growth and institutional sales volumesTotal annuity insurance sales in the U.S. reached $114.6 bn in the third quarter of 2024, marking a 29% year-over-year increase. This represents the 16th straight quarter of growth, just below the…beinsure (27)in artifitialintelligence • 7 months agoInvestment opportunities and AI technologyMore than half of AI-integrated investment teams (56%) report that AI analysis informs rather than determines final investment decisions. A fifth of these teams (20%) report that AI proposes…beinsure (27)in artificialintelligence • 7 months agoArtificial Intelligence in InvestmentDebate around whether artificial intelligence (AI) has met the key conditions of the Turing Test continues, and surging interest in AI has sparked a wave of new questions about its future impact on…beinsure (27)in generative-ai • 7 months agoGenerative Artificial Intelligence Changes the Cyber RisksMajor leaps in the effectiveness of Generative AI and Large Language Models have dominated the discussion around artificial intelligence. Given its growing availability and sophistication, the…beinsure (27)in insurance • 8 months agoTop Risks for the Global Insurance MarketThe top risks for the insurance industry reflect the sector’s rapidly changing nature while at the same time reinforcing its critical role in protecting global businesses, communities and…beinsure (27)in generative-ai • 8 months agoGenerative AI Provides New Risks and Opportunities for InsuranceGenerative artificial intelligence is considered one of the most important technological breakthroughs of the last few decades. Munich Re Group sees great opportunities for insurers – if they…beinsure (27)in technology • 8 months agoMachine Learning in InsuranceInsurers are being forced to explore ways to use predictive modelling and machine learning to maintain their competitive edge, boost business operations and enhance customer satisfaction, according…beinsure (27)in bigdata • last yearBig Data in Insurance. Use Cases of Big Data TechnologyWhen insurance providers tap into the vast repositories of Big Data that is available to them and combine this data with machine learning and AI capabilities, they can develop new policies that can…beinsure (27)in investment • last yearValue of Venture Capital Funding: Q3 2023 resultsThe value of venture capital funding rounds worldwide dropped 27% year over year to $18.49 billion in October while the volume declined 23.8% to 1,243. The investment value and volume were the…beinsure (27)in tokenization • last yearWhy Do Financial Institutions Need Tokenization?The rise of tokenization was never intended to be dominated by a small number of market players, and now the insurance and financial industry is realizing that permissioned and permissionless…