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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.

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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. 

Global IT Outage - Airline Industry: Cyber and Turbulence Risk

 

Click here to read David Piesse's bio

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Synopsis

“No plan survives first contact with the enemy.”— Helmuth von Moltke [i]

IIS, ITL, and Lloyd’s Unveil 2024 Global Innovation Awards Finalists

New York, New York – Sept. 10, 2024: The International Insurance Society (IIS), Insurance Thought Leadership (ITL), and Lloyd’s are pleased to announce the finalists for the prestigious Global Innovation Awards. These awards recognize organizations that have demonstrated exceptional achievement in driving innovation and fostering sustainability within insurance and risk management. Winners will be announced at an awards ceremony on Nov.

Global Life and Health Insurance Mergers and Acquisitions (M&A)

Presented by Milliman

High inflation and interest rates, geopolitical conflict, and new solvency regulations contributed to a recent global slowdown in health and life insurance mergers and acquisitions. Milliman’s annual report looks at worldwide M&A activity, breaks down top deals by country, and projects future market conditions. 

Read the full report > 

 

Retirement Readiness

Presented by RGA

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