Insurers’ global IT spending to hit US$208bn by 2018
May 3 2016 by InsuranceAsia News-
Easing hard market cycle shifts carriers’ focus to APAC M&A, tech megatrends
- July 9
More (re)insurers are riding on new tech trends to profit from over US$200bn premium potential, as there is also a growing interest in M&A opportunities in the region, according to Aon’s strategy and technology group.
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Korea to provide US$2bn trade insurance as “AI supercycle” looms: report
- July 4
South Korea's Trade, Industry and Energy Minister Ahn Deok-geun said that the demand for power from AI utilisation has boosted the power device market in a supercycle through which the country can bolster its exports.
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Gen AI prophecy turns reality as insurers count cost benefits
- July 1
Artificial intelligence, blockchain and embedded solutions are delivering tangible cost savings and enabling more competitive premium rates, senior insurance executives told an industry forum.
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Opinion: Brokers keen to see underwriters back in the market
- June 14
The post-pandemic hybrid environment and the development of AI means that queries and placements are significantly lacking in any human interaction for increasingly commoditised risks.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
