Knowledge | Gen Re

COVID-19 and Artificial Intelligence - Another Reason for Insurers to Embrace AI

P/C General Industry | Jun 25, 2020| English

Did you know that artificial intelligence (AI) technology first sounded the alarm on COVID-19? Over the past decade, U.S. tech firms have made significant advancements in AI and smart robots are making it far easier to automate tasks and functions...

The Pandemic Property Underwriting Playbook…Wait a Minute, There Isn’t One?

Property | Jun 19, 2020| English

Much has been said about the many unfortunate impacts of COVID-19 on our world, both personally and professionally, as we adjust to what is hopefully a temporary normal in each of our lives. As underwriters, we are tasked not only with assessing existing...

When History Goes Up in Smoke – The Burning Issues Around Historic Building Insurance

Property | Jun 18, 2020| English

Fires that destroy buildings and sites of historic significance happen all too often. We explore the problems, potential prevention measures, and key aspects underwriters must consider when insuring them.

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Visual Analytics - Seeing Is Believing

By Andre Meyer | Jun 10, 2020 | English

“The purpose of computing is insight, not numbers.” This quote from the mathematician Richard W. Hamming resonates today because the challenges around understanding and analysing huge amounts of data have grown significantly over the last few years. Even...
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After the Pandemic - Will Personal Lines Insurance Look the Same As Before?

By Bruce Hackworth | May 27, 2020 | English

Financial strains on society, and on the Property/Casualty insurance industry, from the coronavirus pandemic are likely to persist for some time. The impact of what is occurring now - coverage issues, premium rebates, extensions of coverage for activities...
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Series: Risk Insights
AI-Based Pricing of a Disability Income Product

Issue: May 07, 2020| Disability | English
AI-based pricing complements the traditional actuarial approach. The solution we show not only employs sophisticated models, but also allows the harvesting of richer insights through shaping and repeatedly preparing high-dimensional data.
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Series: Risk Insights
Detecting Fraudulent Claims – A Machine Learning Approach

Issue: Mar 05, 2020| L/H General Industry | English | View in Chinese
This article describes modeling fraudulent claims in the context of a health claims portfolio. We show why this should be an iterative process and requires a dialogue between analytics experts and claims managers.
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