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Insurance Business | 19 Oct 2015, 09:04 AM Agree 0
Lloyd’s latest report shines more light on the management of an emerging risk and the benefits of big data analytics.
  • John | 19 Oct 2015, 10:34 AM Agree 0
    Sooner or later another unanticipated issue similar to asbestos will arise & catch the industry unawares.

    This terrifies insurers but is inherently unknowable. They either need to use their blunt instruments & exclude things they fear or reserve for a rainy day.

    Cyber is the most obvious risk for an accumulation of liability, yet insurers are falling over themselves to get involved. In 5 years this will be like ML, where insurers are losing money hand over fist on EPL & Crime losses.
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