InsurTech weekly - Artificial Intelligence a double-edged sword for insurance -related industries?

GallagherRE explores AI adoption in reinsurance, Patrice Bernard questions AI-driven banking automation at Lloyds, and The Economist weighs AI’s double-edged role in climate change.

_{1/ A reinsurer perspective on AI}

The first article is a report GallagherRE put together on the risks and opportunities surrounding AI technologies. It relies on feedbacks from senior executives and business leaders who detail benefits they have already achieved from these technologies and challenges they still need to tackle. It also shares a comparison across industries in terms of adoption of AI solutions.

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_{2/ Banking automation through AI}

The second article is an essay Patrice BERNARD put together on the opportunity to leverage AI in banking automation. This follows announcements from Lloyds Bank around a partnership with Google and a broader roadmap to embrace AI in order to revamp every banking operations. Patrice wonders if this is realistic or just another announcement.

_{3/ AI & climate change: opportunity or threat?}

The third article, published in The Economist, details the environmental impact AI technologies have had so far, and explores how they might be helpful in reducing companies' impact on climate change.