Quick links:
03

AI risks may outweigh benefits

Open-access content Friday 23rd March 2018 — updated 5.50pm, Wednesday 29th April 2020

The threats associated with artificial intelligence (AI) applications could easily counterbalance the potential benefits if the technology falls into the wrong hands.

2

A new report from insurance firm Allianz warns that AI will leave businesses more open to "extraordinary financial losses". Read the full article on our Predictions site here

This article appeared in our March 2018 issue of The Actuary .
Click here to view this issue

You may also be interested in...

2

European InsurTech investment soars

Investment in the insurance technology industry increased by 385% to $679m (£480m) across Europe last year, with the continent emerging as the world’s top InsurTech hub outside North America.
Thursday 22nd March 2018
Open-access content
2

Majority of adults willing to embrace AI for better retirement incomes

Three-quarters of citizens across the UK, US, Australia, France, Germany and Singapore are willing to use artificial intelligence (AI) to improve retirement incomes.
Tuesday 20th March 2018
Open-access content
2

Cyber security spending to rise by a third over four years

Businesses around the world will increase their cyber security investment by a third over the next four years, reaching a collective annual spend of $134bn (£95bn) by 2022.
Tuesday 27th March 2018
Open-access content
2

Majority of investors open to cryptocurrency exposure

Six out of 10 investors with no current exposure to digital currencies like Bitcoin and Ethereum would consider including them in their investment portfolios.
Tuesday 13th March 2018
Open-access content
2

Regulation driving tech investments

Financial institutions across the world are increasingly turning to technology to manage a growing number of digital threats and regulatory requirements.
Tuesday 3rd April 2018
Open-access content
2

Third of UK companies would pay ransom to hackers

Approximately one-third of UK business leaders would pay a ransom if they suffered a cyber attack, with one in ten willing to fork out £1m or more to get their systems and data back.
Wednesday 4th April 2018
Open-access content

Latest from March 2018

2

Financial services sector fears Brexit more than any other threat

Brexit is seen as by far the biggest threat to the UK’s financial services sector this year, with cross-border access predicted to be the greatest challenge arising from the UK leaving the EU.
Monday 9th April 2018
Open-access content
2

'Shocking' disparity in pension incomes recorded across the UK

New government data reveals that average pension incomes in the City of London are almost three times larger than those in Stoke, analysis by Royal London has found.
Friday 6th April 2018
Open-access content
2

One in five Brits to work till they drop

One-fifth of UK adults believe they will work until they are physically unable to, while one in twenty expect to be working all their lives, new research has found.
Thursday 5th April 2018
Open-access content

Latest from small_opening_image

2

COVID-19 forum for actuaries launched

A forum for actuaries has been launched to help the profession come together and learn how best to respond to the deadly coronavirus sweeping the world.
Wednesday 25th March 2020
Open-access content
2

Travel insurers expect record payouts this year

UK travel insurers expect to pay a record £275m to customers this year as coronavirus grounds flights across the world, the Association of British Insurers (ABI) has revealed.
Wednesday 25th March 2020
Open-access content
2

Grim economic forecasts made as countries lockdown

A sharp recession is imminent in the vast majority of developed and emerging economies as the deadly coronavirus forces businesses to shut down across the world.
Tuesday 24th March 2020
Open-access content

Latest from short_item_with_links

2

The Actuary Puzzles February 2020

February puzzles and solutions.
Friday 31st January 2020
Open-access content
2

The Actuary Puzzles December 2019

December puzzles and solutions.
Thursday 28th November 2019
Open-access content
2

The Actuary Puzzles November 2019

November puzzles and solutions.
Tuesday 5th November 2019
Open-access content

Latest from 03

2

Financial services sector fears Brexit more than any other threat

Brexit is seen as by far the biggest threat to the UK’s financial services sector this year, with cross-border access predicted to be the greatest challenge arising from the UK leaving the EU.
Monday 9th April 2018
Open-access content
2

'Shocking' disparity in pension incomes recorded across the UK

New government data reveals that average pension incomes in the City of London are almost three times larger than those in Stoke, analysis by Royal London has found.
Friday 6th April 2018
Open-access content
2

One in five Brits to work till they drop

One-fifth of UK adults believe they will work until they are physically unable to, while one in twenty expect to be working all their lives, new research has found.
Thursday 5th April 2018
Open-access content