AM Best Audio

Which jobs are at risk, and which have been enhanced in selling, underwriting, claims, asset management, operations and more? How can insurance professionals avoid occupational obsolescence?

What functions will be handled substantially by AI, and what insurance functions, if any, will AI never perform? What are insurers' best practices for integrating AI?

Christoph Nabholz, Swiss Re Institute chief research & sustainability officer and head of the research, engagement & sustainability team, discusses a company report examining emerging risk themes and trend spotlights facing the insurance industry.

P/C mutual insurers’ profitability struggled in 2022, despite considerable premium growth, said AM Best Financial Analyst Lauren Magro, referencing a new Best's Market Segment Report.

Zelros co-founder and CEO Damien Philippon discusses the benefits and growing use of generative artificial intelligence in insurance, including automation, risk assessment and helping to identify necessary coverages.

Tim Antonelli, Head of Insurance Multi-Asset Strategy and Portfolio Manager for Wellington Management, shares the top trends he’s seeing across insurers of all sizes and types, views on inflation, and ideas on how to navigate 2024.

Arun Balakrishnan, CEO and co-founder of Xceedance, advocates a transformative approach for insurers.

Understanding markets and the pressures associated with risk helps business evolve, said Scott Egan, chief executive officer, SiriusPoint. Egan spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

Reinsurers are pricing the risk, investing in the risk on the asset side and underwriting the risk, positioning them to cope with the challenges today and tomorrow, said Jerome Haegeli, group chief economist of Swiss Re.

The traditional commercial portfolio now includes elements of cyber, engineering, political violence and contingency, said Waleed Jabsheh, CEO of International General Insurance.

Reinsurance and ILS markets have shown underwriting discipline, important because much of the past 10 years was not so positive for many industry participants, said Henning Ludolphs, managing director, retrocession and capital markets, Hannover Re.

With more than 200 million entrants into the middle class each year, the region offers growth in property, pension, life and health, said Peak Re CEO Franz-Josef Hahn. He spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

The decision to purchase capacity directly via the treaty route has allowed an insurer to control its own destiny, said Jamil Elbahou, CEO and underwriting chief, Connect Underwriting. He spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

Efforts such as cyber hygiene, flood prevention and making base products simpler and more accessible are paramount to closing the protection gap, said Patrick Tiernan, chief of markets, Lloyd’s. He spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.

The reinsurance sector must prove that it’s worthy of capital support, and continuing its recent trading history of decent returns can go a long way, said Mark Cloutier, executive chairman and group CEO, Aspen. Cloutier spoke with AM Best TV at Rendez-Vous de Septembre in Monte Carlo.