Operations/tech
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Axa's newly formed teams join the company's "complex cyber" unit. -
Trade, technology, weather and workforce were identified as the main megatrends.
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The operation will be led by Stephen Saunders, with Jawad Ghunaim from AIG as CUO.
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The Oxbow report found that AI use cases span the entire (re)insurance capability model.
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The model uses machine learning and daily data to forecast hurricane seasons.
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Analysis shows several CEOs with pay diverging from the trendline.
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From a buyer and underwriter perspective, managing top risks needs fresh approaches.
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The company will now focus on its better-positioned businesses.
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Latin America and the Caribbean accounted for 4.6% of GWP for Lloyd's in 2023.
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He will oversee management of the P&C loss adjusting business.
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