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Underwriters and actuaries today need data science skills

Visibility360, PDF version to share

By Kate McCaffery | Nov. 27, 2023, 10:58 a.m.

Photo: pxhere

AM Best discusses traditional roles, talent and the upskilling needed at every level in a company.

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The most popular in Society

Political risk an emerging issue in Canada

Ontario regulator publishes credentialling body exam results

Insurers warned that technology experimentation is needed to reap benefits

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Headlines

Fallout of a cyber catastrophe modelled by reinsurer

Average fund fees declined following implementation of disclosure rule amendments

Close to one-in-ten seniors worked out of necessity in 2022

Related topics …

Flash

Fallout of a cyber catastrophe modelled by reinsurer

Average fund fees declined following implementation of disclosure rule amendments

Close to one-in-ten seniors worked out of necessity in 2022

Wholesalers have growth ambitions

AM BEST

Reinsurers expected to bear the financial brunt of Baltimore ship-bridge collision

Assumption Life insurance sales surged in 2023

Reinsurance renewals continue to be affected by third party litigation

Province licenses 17 captive companies in less than two years

Distribution

Casualty rates excluding auto liability decline at the start of 2024

Direct simplified issue offerings benefit advisors eventually

Income inequality gap widens in 2023

Your client’s concerns in 2024

Special risks

Natural catastrophe losses globally exceed $43-billion

Quebec flood zone map raises concerns even before its release

Agent who defrauded retired couple banned from securities registration

National Flood Insurance Program promised again in budget

Strategy

Harnesssing group insurance data: The Power of statistics

Race to insure electric vehicles could change the industry

Insurers boosted by simplified issue insurance sales

Insurer divests U.S. business to focus on Canada

Technology

Embracing artificial intelligence is crucial for industry

A veteran of the Client Management Software industry returns

Insurers warned that technology experimentation is needed to reap benefits

Rep fined for selling personal cryptocurrency assets to clients

Analytic

Tips for increasing your firm’s value

Insurers pushing their limits in accelerated underwriting

New tool available to help municipalities mitigate flood risk

Pension funding rises in March

Artificial intelligence

Generative artificial intelligence expected to increase small-scale cyber attacks

Executives think generative artificial intelligence will deliver gains over 30 per cent

Regulator publishes Ransomware Response Playbook for member firms

ChatGPT expected to have a positive impact on advisor productivity