Promoting Responsible Artifical Intelligence in Insurance

The use of artificial intelligence (AI) in insurance can bring economic and societal benefits by lowering insurance costs and helping insure more people. The Geneva Association analysed a selection of the many ethics guidelines issued by governmental and non-governmental organisations and private companies. Of the five core principles for the responsible use of AI identified, this report takes a close look at two—1) transparency and explainability and 2) fairness—that are particularly complex for insurers to interpret and implement.

Investing in climate-resilient decarbonised infrastructure to meet socio-economic and climate change goals

Infrastructure resilience is critical for countries to be able to cope with the effects of climate change, but sufficient investment is required. This research brief urges coordination among insurers as risk managers and investors, governments and other stakeholders in tackling the global infrastructure challenge.

Kai-Uwe Schanz Appointed Deputy Managing Director of The Geneva Association

ZURICH, 18 November 2019 – The Geneva Association, the global organisation of insurance and reinsurance Chief Executive Officers (CEOs) and leading think tank of the insurance industry, is announcing the appointment of Kai-Uwe Schanz as Deputy Managing Director and Head of Research & Foresight, effective 18 November 2019.

New Geneva Association and IFTRIP task force to address emerging cyber terror risks

The Geneva Association is lauching a joint task force on cyber terrorism and cyber warfare with the International Forum of Terrorism Risk Reinsurance and Insurance Pools (IFTRIP). The special-purpose task force aims to conduct research on cyber terrorism risks across the re/insurance industry. Its initial findings will be published in mid-2020.

Obstacles to climate resilience | Fiona Cousins, Arup

On the mitigation side, benefits from reduced carbon emissions need to be monetizable so they can be invested in and included in ESG ratings; on the adaptation side, it needs to be clear what asset managers and insurers are protecting for.

Fiona Cousins, an engineer specialising in sustainable design, participated in an interview with the GA at the 2019 General Assembly in Buenos Aires.

Insurer-Customer Interface in the Digital Age

There are many ways for insurance companies to use digital tools to enhance their relationships with customers. They can, for example, adapt their websites; gather insights to create customised products; and use digital media to make dense documentation more comprehensible.

Professor Shlomo Benartzi of UCLA's Behavioral Decision-making Group elaborates in an interview conducted at the 2019 General Assembly in Buenos Aires

ジュネーブ協会エルンスト・マイヤー賞が保険業界の抱える重要な課題への学術的貢献を表彰

2019年ジュネーブ協会エルンスト・マイヤー賞(2019 Geneva Association Ernst Meyer Prize)はゲーテ大学(Goethe University)(フランクフルト)クリスチャン・クビッツァの論文、「金融の安定性と市場に関する小論文(Essays on Financial Stability and Markets)」と、エコール・ポリテクニーク(Ecole Polytechnique)(パリ)アレクシス・ルーアスの論文、「破滅的リスクの保険引受能力(Insurability of Catastrophic Risks)」に授与されました。

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