The Geneva Papers: Special issue on New Technologies & Data in Insurance | Summary

Issue summary

Digital technologies are changing the way we work, live and interact. Advances in data analytics and AI technologies offer huge promise for the insurance industry in particular, with their potential to streamline processes across the value chain, accelerate the shift towards mitigation and prevention services, and facilitate greater personalisation of products. Making the most of these opportunities and ensuring they keep pace with the latest developments, however, will require insurers to step up their innovation efforts.

Promoting greater economic protection against man-made catastrophes: 20 years of lessons from 9/11

By Rachel Anne Carter

Twenty years today, the world watched in shock as tragedy unfolded – as events that were previously unfathomable during peacetime, generated by human actors, occurred. Nearly 3,000 people lost their lives and 6,000 were injured, many severely, in the 9/11 terrorist attacks. In fact, the death toll continues to rise today, with almost 20,000 civilians or first responders diagnosed with a 9/11-related cancer, according to the World Trade Centre Health Program.

What Do the Outcomes of COP26 Mean for Insurers?

By Maryam Golnaraghi

Director Climate Change and Environment

 

The highly anticipated 26th session of the Conference of Parties (COP) meeting in Glasgow, known as COP26, was the largest United Nations (UN)-convened gathering of private-sector leaders, including from insurance and finance, technology and engineering. Delegates from over 192 governments participated, ultimately negotiating the official outcome document, The Glasgow Climate Pact.1

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