ARPC acknowledges cyclone pool’s role in lowering premiums in high-risk areas

ARPC acknowledges cyclone pool’s role in lowering premiums in high-risk areas | Insurance Business America Reinsurance ARPC acknowledges cyclone pool’s role in lowering premiums in high-risk areas Insurers adjust policies, passing savings to consumers Reinsurance By Kenneth Araullo The Australian Reinsurance Pool Corporation (ARPC) has acknowledged the Australian Competition and Consumer Commission’s (ACCC) third insurance…

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OpenAI’s new model brings enhanced reasoning to insurance underwriting – RGA

OpenAI’s new model brings enhanced reasoning to insurance underwriting – RGA | Insurance Business America Reinsurance OpenAI’s new model brings enhanced reasoning to insurance underwriting – RGA New capabilities could transform the industry in complex risk evaluations Reinsurance By Kenneth Araullo OpenAI introduced a significant update to its ChatGPT platform on Sept. 12 with the…

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Hannover Re expects stable pricing for 2025 treaty renewals

Hannover Re expects stable pricing for 2025 treaty renewals | Insurance Business America Reinsurance Hannover Re expects stable pricing for 2025 treaty renewals With balanced supply and demand, the reinsurer forecasts steady conditions Reinsurance By Kenneth Araullo In recent insights, Hannover Re said that it expects stable prices and conditions for property and casualty reinsurance…

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