Impact of Climate Change on the Insurance Industry and Actuarial Response Strategies
Increased frequency of natural disasters Climate change is leading to more natural disasters such as hurricanes, floods and wildfires. These events not only cause huge economic losses, but…
4 min read
The Impact of Blockchain Technology on the Insurance Industry
Fundamentals of Blockchain Decentralization: Data is stored on multiple nodes, eliminating the need for a central authority to manage it and reducing the risk of data tampering.Transparency: All…
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Big Data and Artificial Intelligence in Insurance Actuarials
Importance of Big Data in Insurance In today’s digital age, big data has become an important part of the insurance industry. Big data technology enables insurance companies to…
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