Beinsure10/25 12:41 UTC
US Independent Insurance Agents Prioritize Trust Amid Growing AI Adoption
67% of US independent insurance agents use AI. Trust and innovation drive carrier partnerships, while satisfaction diverges across property and casualty insurance lines.
Read the original →Yahoo Finance10/25 15:57 UTC
Does enough capital exist to finance everyone’s ambitious AI spending plans?
Meta said last week that recent capital raises by peers such as Alphabet and SpaceX, and expected fundraising by Anthropic and OpenAI, have created an "increasingly challenging fundraising environment." This raises questions over whether enough capital exists to fund AI spending plans.
Read the original →MyChesCo10/25 18:04 UTC
The Institutes Revamps Underwriting Training for AI Era
The Institutes has overhauled its Associate in Commercial Underwriting (AU) professional designation. The update emphasizes risk assessment, artificial intelligence and strategic decision-making as automation changes the skills required.
Read the original →Royal Gazette | Bermuda10/25 11:57 UTC
Life insurers’ investment exposure to AI spikes 24%
US life insurers’ investment exposure to the artificial intelligence sector spiked in the first half of the year and is expected to keep growing, according to a report by Moody's Corp.
Read the original →Yahoo Finance10/25 11:54 UTC
Why Are Investors Buying Credit Default Swaps to Hedge AI-Related Debt?
Investors are increasing their use of credit default swaps to hedge exposure to debt issued by companies involved in AI infrastructure, according to market data and financial industry research. The increase comes as technology companies raise substantial amounts of capital to finance data centres, semiconductors and other computing infrastructure.
Read the original →