The May issue of Best’s Review examines AI developments in the insurance industry:

• “Insurance Industry Embraces AI Innovation as Technology Advances ‘Exponentially’” looks at how insurers have welcomed artificial intelligence to help customers and better understand risk.
• “Regulating the Bleeding Edge: Laws Progressing To Keep Pace With AI’s Technological Advancements” explores how different states are implementing guidelines surrounding insurance carriers’ use of AI.
• “Atradius Exec: ‘Black Box’ Concerns Slow AI Adoption in Insurance Sector” explains why, despite a massive appetite to explore and implement AI, little action has been taken with it.
• “CyberCube’s Millaire: AI To Create Trillions of Dollars in New Economic Activity” features an interview about how AI will present transformational opportunities for cyber insurers to provide new products and services.
• “Harvard Fellow: AI Impact Will Trigger an Overhaul of Insurers’ Risk Frameworks” explains how AI will be used in insurance and how humans need to evolve with the development of generative AI.

Also included:

• “Swiss Re’s Sprackling: Medical Advances Reshape Mortality Trends, Risk Strategies” explores how breakthroughs in personalized medicine, metabolic health and early disease detection are transforming longevity expectations and underwriting in the insurance industry.
• “Members of the International Group of P&I Clubs – 2025 Edition” ranks companies by 2023 gross premiums written.

Best’s Review is AM Best’s monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace. Access to the complete content of Best’s Review is available here.

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AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

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