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Unlock the Potential: Generative AI's Impact on the Insurance Industry


Jean-Philippe Moineau, Head of Life, Savings & Health Product Governance and Transversal Activities, AXA Group
 

1.Introduction

Generative AI (GenAI), a subset of artificial intelligence (AI), represents a transformative technology capable of creating new, original content—including text, images, audio, and video—based on its training data.

From Youthful Image to Aging Reality: Rethinking Korea’s Pensions for a Super-Aged Society


Jaeyoon Lee, Assistant Manager, Corporate Pension Division Investment Consulting Team, Kyobo Life Insurance Company, Ltd.


Executive Summary

This paper, titled "From Youthful Image to Aging Reality: Rethinking Korea's Pensions for a Super-Aged Society," explores the stark contrast between South Korea's youthful global image and the rapidly aging reality it faces. 

Customer Wellness Agenda in the Health Insurance Industry

 

Sandeep Kedia, Chief Financial Officer, Aditya Birla Health Insurance


Introduction

Spreading risk among many is termed as Insurance1a Spreading risk can be as simple as multi-member group in hunting to spread risk of being the one to be insured or killed by animals, or shipping cargo in batches so that entire shipment is not lost.

Long-Term Care Reform in Canada: If Not Now, When?


Derek J. Houle, Head of Canadian Legacy and Inforce Management, Manulife


Section 1: The Current State

Long-term care (LTC) “encompasses a range of health and personal care services provided to individuals, primarily seniors, with complex support needs living in designated LTC homes.” [4] It includes LTC homes but also covers other services and care options provided in the community and at home. 

The “X Factor” in Unlocking Insurance Growth in Emerging Markets: A case study of Vietnam


Annie Nhat Anh Tran, Enterprise Risk Manager, MSIG Asia Pte Ltd
 

Introduction 

Born and raised in Vietnam, I spent my childhood during the early 1990s, the struggling years of the country’s economic reform, or so-called “Doi Moi.” Back then, Vietnam was a low-income nation heavily reliant on agriculture, with gross domestic product (GDP) per capita of less than $200[1].

GenAI and Insurance: What OpenAI’s o1 ‘reasoning’ model could mean for insurers

Presented by RGA

The latest update to OpenAI’s ChatGPT brings reasoning capabilities that make it more useful to insurers. RGA’s Jeff Heaton explains the extremely promising features of this latest offering, named o1, and why it signals a transformative road ahead.

Learn more > 

Silver Solutions Beyond Product Development: Innovating Insurance for South Korea’s Senior Market


Kyeonghwa Kim, Chief Pricing Actuary, RGA
 

1.  Introduction 

Over the past few decades, South Korea has witnessed remarkable economic growth, emerging as the eighth-largest global life insurance market in terms of gross written premiums. 

By 2025, Korea is expected to enter a super-aged society, meaning the elderly population aged 65 and above exceeds 20 percent of the total population. This rate of aging is unprecedented, not just in Asia but across the world [1]

Decreasing the Insurance Gap by Improving Financial Literacy

 

Beth Carter, Vice President – Head Of CX Operations, Protective Life Insurance Company

Ms. Carter is the 2024 RGA Leaders of Tomorrow Award recipient. The following is her winning research.

Overview 

Leveraging Emerging Trends to Drive Life Insurance Penetration in Africa

 

Kehinde Ariyibi, Head of the Retail Enterprise & Chief Compliance Officer, Custodian Life Assurance
 

Abstract

Our world is changing: every day, there are discoveries, new inventions, technologies, and new ways of living and doing things. These changes and trends affect every sphere of human life. 

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