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Swiss Re launches Swiss Re Life Guide Scout, a Generative AI-powered underwriting assistant

Swiss Re launches Swiss Re Life Guide Scout, a Generative AI-powered underwriting assistant

by AIP Online Bureau | Apr 22, 2024 | International News, Life, Reinsurance, Risk Management, Technology

Catrin Hinkel, CEO Microsoft Switzerland, said, “By integrating Microsoft Azure OpenAI, Swiss Re can unlock the power of advanced analytics and Generative AI to provide new capabilities to the insurance market through a secure, compliant, and reliable cloud...

European reinsurers’ renewals indicate peaking underwriting margins: Fitch

by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“We expect strong underwriting profitability to continue supporting the reinsurers’ ratings this year, with price levels and favourable terms and conditions adequately compensating for high claims inflation. Investment income will continue to bolster earnings as...

Reinsurers’ underwriting margins to peak in 2024,says Fitch

by AIP Online Bureau | Jan 25, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Fitch also forecasts an improvement in underlying profitability for the global reinsurance sector in 2024 on continued strong underwriting margins and rising investment income, and is maintaining its improving fundamental sector outlook Frankfurt /Chicago: Reinsurers’...
Surety Bond: To Be On a Sure Footing

Surety Bond: To Be On a Sure Footing

by AIP Online Bureau | Feb 9, 2022 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

Rrajesh Sharrma, CEO and Principal Officer, Anand Rathi Insurance Brokers Considering the size of the Indian economy, the market demand for surety insurance will be so huge, it can be another game-changer like agricultural insurance after the introduction of Pradhan...
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