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AI to open up new competitive dynamics across the insurance sector, says McKinsey
As per McKinsey, adoption of AI will create opportunities for the insurance sector through new risks, new solutions and expanded...
Saudi Re to acquire 22.5% stake in United Kingdom’s Ada Risk Holding
The Kingdom-based reinsurer said the deal would deepen its Lloyd’s market foothold and support its push into international markets...
Asia remains world’s largest life insurance market, finds Allianz Research study
Asia, marked by demographic aging, high savings rates, and less comprehensive pension systems, saw life insurance premiums growing by 9.9%...
AI search outpaces Google in concentrating insurance visibility, says Somantra study
Among the major industry players, Allianz recorded the highest combined total at 13,437 mentions across Google AI Overviews and ChatGPT...
52nd AIO Conference: Nigerian insurers asked to increase digital adoption
At the AIO Conference, insurance executives argued that the biggest challenge facing the industry was no longer product availability but...