The impact of Generative AI on insurance analytics

WTW’s perspective on EIOPA’s 2025 Market-Wide Generative AI Study shows how AI—backed by real insurer use cases—is poised to rewrite the rules of insurance analytics. Key findings from the EIOPA survey include: Generative AI adoption is widespread. Efficiency is the primary goal. Key hurdles remain. Most common AI applications. Human oversight remains essential. AI hallucinations and risk concerns. Governance is catching up. Reliance on third-party providers is increasing

How does an uncertain world effect covenant reliability

Recent geopolitical events have had wide ranging economic impacts, including for defined benefit (DB) pension schemes, with many trustees navigating a period of significant uncertainty about how much their employer covenant will be impacted. However, at the same time they are being asked to reach increasingly firm views on key aspects of their covenant for the new DB funding regime. So how can trustees decide how reliable their covenant is when so much is uncertain?

History may not repeat itself but it certainly rhymes

I started my actuarial career in South Africa in the early 1990s, a time of change in both politics and pensions. 1994 heralded the first democratic elections in South Africa’s history but it also took place at a time when the defined benefit (DB) pensions landscape was undergoing a profound transition. Final salary schemes were closing at pace, and employers were transferring liabilities to insurance companies. Defined contribution (DC) pensions were on the rise, and with them, came a steady shift of risk away from employers and towards individual members.

Pensions Perspectives with Decumulation debated

 

Lifestyle Actuary

Dalriada Trustees Limited (Dalriada), one of the largest providers of professional trustee services to pensions schemes in the UK, has today announced the appointment of Sarah Brough as a professional trustee.

Lights Camera Actuary

For the next few months Zoe Bolton will be talking to the senior actuaries in these firms, getting a brief insight into their career paths and visions for the future. This month Zoe interviews Shil Patel the UK Managing Director at Dynamo Analytics

Travelling Actuary

This month's Travelling Actuary takes us to the iconic Boston to experience New England at it’s very best.

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Actuarial Post's Digital Magazine Issue 172
 
ROLE OF AI IN FINANCIAL REPORTING: HYPE OR REALITY
 
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