Big Data and Insurance: Implications for innovation, competition and privacy

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Advances in big data analytics, artificial intelligence and the Internet of Things are transforming the insurance industry and the role that data plays in insurance. New sources of digital data reveal information about behaviours and lifestyle habits that allow insurers to assess individual risks much better than before. The emergence of big data, however, raises several concerns regarding privacy, personalisation of insurance and competition, which require intricate and complex value judgments.

 

Communities of the sharing economy self-regulate their collective risk - Vikas Chhariya

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Vikas Chhariya, Global Head of Digital Partnerships at AXA Group, discusses the social impact of the sharing economy, and how this is affecting the insurance paradigm. Recorded at the 13th Annual Liability Regimes Conference.

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Pipeline of investable opportunities and sufficient data needed to scale up green investments

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Maryam Golnaraghi, Director of Extreme Events and Climate Risk at The Geneva Association, discusses the hurdles the insurance industry faces in scaling up green investments and expanding risk transfer solutions.

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Insurance industry has been critical player in de-risking clean and green technology

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Maryam Golnaraghi, Director of Extreme Events and Climate Risk at The Geneva Association, discusses how climate change has transformed from an environmental/scientific concern to a top priority in the board room for the insurance industry.

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Insurance industry taking action in addressing climate change, although hurdles still remain

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The insurance industry is contributing significantly to building socio-economic resilience to climate change and supporting the transition to a low-carbon economy in their role as risk management experts and investors, although a number of challenges are hindering the industry’s efforts to scale up its contribution, according to a new research report from The Geneva Association, the leading international think tank of the insurance industry.

Climate Change and the Insurance Industry: Taking action as risk managers and investors

Submitted by brighton@edelman.com on
This report offers new insights into the role of the insurance industry in addressing the climate change adaptation and mitigation goals. It highlights the insurance industry’s value proposition and efforts to build financial resilience to climate risks and to support the transitioning to a low-carbon economy. It proposes key recommendations for multiple stakeholders.

 

Transparency in products' assumptions a net upside for life insurers - Barry Stowe

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Barry Stowe, CEO of Jackson National, discusses how the life insurance industry is adapting to increasing longevity, and the benefits of increased transparency for both insurers and policyholders. Recorded at the 14th Global Ageing Conference in Zurich.

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Low interest rates like ‘termites in the basement’ for longevity products - Phil Waldeck

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Phil Waldeck, CEO of Prudential Retirement, discusses how the life insurance industry is responding to increasing longevity risk in a challenging macro-financial environment. Recorded at the 14th Global Ageing Conference in Zurich.

Watch all video interviews recorded at the 14th Global Ageing Conference on our YouTube channel.

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