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Artificial Intelligence

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Jul, 2023

AI and Machine Learning in Re/Insurance series: Generative AI in (Re)insuranceOpens in a new window

A relatively new way of utilizing machine learning (chatbots have been around since the 1960’s) has emerged, spurred on by an increase in computational ability (GPUs) and new model architectures (Ian Goodfellow et al. 2014 GANs, Vishwani et al. 2017 Transformers).
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Jun, 2023

AI and Machine Learning in Re/Insurance series: The 3 Pillars of Machine Learning AdoptionOpens in a new window

Re/insurers engage in a difficult style of trading with a capped upside (the premium) and a potentially unlimited downside (the loss) delivering asymmetric risk/returns. Machine learning creates optionality that helps rebalance the asymmetry.
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May, 2023

AI and Machine Learning in Re/Insurance series: Setting the StageOpens in a new window

Reinsurance is a complex industry with multiple opportunities to apply artificial intelligence. This brief overview introduces the concepts, with explorations of topics and challenges to follow.
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TransRe We value risk

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