Maxime Ambourg

What a pleasure to share the stage with Raphael Reischuk, Nicolas Georgy Gabor Jaimes in Zurich to talk about "The Vital Role of Re/Insurers in Managing Systemic Risks" at Intelligent Insurer Reinsurance Conference. Some of the key points we will be covering: · ✅       Examine the criteria for insurability ·   ✔    Look at the impact of systemic risk on the growing protection gap and discuss the implications for the future relevance of the insurance industry ·   ✅    Highlight the systemic risk challenge in the industry and debate the preparedness to mitigate the impact of systemic risks: ·  ✔     Address how re/insurers can participate more in tackling systemic risk rather than leaving it solely to governments and explore the vital role the industry can play in supporting customers to de-risk and build resilience ·  ✅     Discuss potential solutions for tackling systemic risk · ✔      Dive into the multifaceted role of insurance beyond traditional risk taking, encompassing vital aspects such as risk identification, assessment, claims handling, resilience building, implementation of effective prevention measures, and fostering collaborative public-private partnerships (PPP). Looking forward to seeing you there! #TeamNirvana #ReinsuranceOutlookEU #EuropeanMarket #systemicrisk Nirvana #climatechange #criticalinfraestructure #cyber #nuclearrisk #dataanalytics #pandemicrisk #LondonMarket #insights #speaker Círculo de Mujeres Semana Dinero #colombiana #latinaleader

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Leveraging GenAI models, SCOR L&H has developed a GenAI-powered underwriting and claims assistant delivering increased efficiency and driving better decision-making by providing faster access to enriched information for clients. The solution makes it possible to extract and summarise information from scanned and electronic medical reports, saving time and improving efficiency. It will soon be made available to clients. ➡ Learn more about how SCOR is harnessing the potential of #GenAI to improve the underwriting and claims processes: https://lnkd.in/etGAVJ3A

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🔍 This week, Allianz Research's economists analyze the snap elections in France, the outcome of the Fed's latest monetary policy meeting and why equity markets are still attractive. 👉 Read the full report here: https://ow.ly/ZBlo50Sj5c7

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Bringing together the french 🇫🇷 quantification platform Citalid and the german 🇩🇪 external scanning solution cysmo Cyber Risk Rating ? It's now done thanks to our new partnership to offer Europe’s most advanced cyber rating solution to Enterprises and Insurance industry. 🤝 By integrating the sophisticated capabilities of Citalid’s CRQ platform with cysmo’s cutting-edge external scanning technology, Citalid will provide unparalleled European capabilities to make 360° assessment of cyber risk. Citalid’s platform thus leverages threat intelligence, firmographics, outside and inside-based defensive assessments, as well as finance and insurance data to provide augmented quantitative cyber rating insights. This integrated approach will enable businesses to make informed decisions, proactively protect their assets and communicate to their stakeholders in financial terms. Read full release 👇 #Cyber #CyberRisk #Risk #CRQ #OutsideInScan #CyberRating #CyberAssessment #CyberInsurance #Insurance #riskmanagement #informationsecurity

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🔍 This week, Allianz Research's economists analyze the snap elections in France, the outcome of the Fed's latest monetary policy meeting and why equity markets are still attractive. 👉 Read the full report here: https://ow.ly/QXhv50SkZxG

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RELEASE: Introducing our new Global Alternative Risk Solutions practice, which combines our expertise in parametric solutions, alternative risk transfer, captives and complex risks. Led by Christophe Letondot, this global practice will drive innovation and elevate our approach to delivering cutting-edge risk solutions for our clients. #Risks #RiskManagement #Leadership #Innovation #Insurance

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Reinsurance data in 2023: Cedants manage cessions in hard market Analysis of 2023 statutory data shows that Californian insurers are leaning more heavily on reinsurers but at a nationwide level, premium cessions were more stable. https://bit.ly/4dG3T7b #insuranceinsidernews #insurance

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🎙️ CONGRESS 🎙️ 𝗖𝘆𝗯𝗲𝗿 𝗥𝗶𝘀𝗸: 𝗤𝘂𝗮𝗻𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻, 𝗦𝘁𝗿𝗲𝘀𝘀 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼𝘀, 𝗮𝗻𝗱 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 Yesterday, our Innovation Leads, Arthur MAILLART, and Laurent Devineau, presented their work on generating simulated data for Cyber Risk Insurance at the European Congress of Actuaries (ECA) 2024. The proposed methodology is available to all market participants. It relies on a combination of historical data and expert judgment to analyze the economic impact of cyber risk on the insurance industry. 📩 Please feel free to contact us to discuss with our experts. #ECA2024 #cyberrisk #actuarialscience #congress #actuary #insurance

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According to Moody's RMS Event Response, insurance and potentially reinsurance market losses in Germany from the recent Central European floods of May 30th to June 3rd are expected to be between US $2.1 billion and US$3.2 billion.

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🔍 This week, Allianz Research's economists analyze the snap elections in France, the outcome of the Fed's latest monetary policy meeting and why equity markets are still attractive. 👉 Read the full report here: https://ow.ly/TtbL50Sj7K5

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The rubber hits the road in insurance when a claim is made. Brand advocacy or brand destruction. Read our report on claims modernisation and tech led transformation needed to stay ahead of the competition and to beat customer expectations here :

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[#Article] Institut Louis Bachelier's Role in Advancing Insurance Industry Adaptation to Climate Change (Article disponible en français ⬇️) 🌍 Did you know that insurance leaders like AXA are warning us about a major risk: scenarios of increased temperatures by 3°C or more could lead to various activities and areas becoming #uninsurable? A crucial challenge for the future of our economy! 💡 Today, the insurance #database collected holds essential metrics, often complementary to those held by other financial institutions. A wealth of crucial information to anticipate climate risks and protect our assets. 📈 Insurers not only manage risks, but they also play a #KeyRole in mitigation by facilitating a multitude of economic activities. Discover the potential of their role to contribute to a more sustainable future here! ➡️https://lnkd.in/emEdURUj 🤝 The Institut Louis Bachelier (ILB) shares this conviction. For this reason, we joined the Forum for Insurance Transition to Net Zero (FIT) as a founding member of the Consultative Group on Science, Research & Civil Society (CGSRC). We believe this multistakeholder partnership has the potential to contribute to a safer and more sustainable future. Together, let's build a more resilient and sustainable world! ‌ To learn more about the role of insurance in combating climate change, explore solutions, and find out how ILB is mobilizing knowledge to build a more sustainable future, read the full article here➡️ https://lnkd.in/emEdURUj ******** [#Article] Le rôle de l'Institut Louis Bachelier dans la promotion de l'adaptation de l'industrie de l'assurance au changement climatique 🌍 Saviez-vous que des leaders de l'assurance comme AXA nous mettent en garde contre un risque majeur : des scénarios d'augmentation des températures de 3°C ou plus pourraient rendre diverses activités et zones non assurables ? Un défi crucial pour l'avenir de notre économie ! 💡 Aujourd'hui, la base de données de l'#assurance collectée détient des métriques essentielles, souvent complémentaires à celles détenues par d'autres institutions financières. Une mine d'informations cruciales pour anticiper les risques climatiques et protéger nos actifs. 📈 Les assureurs ne gèrent pas seulement les #risques, mais ils jouent également un #rôleClé dans l'atténuation en facilitant une multitude d'activités économiques. Découvrez le potentiel de leur rôle à contribuer à un avenir plus #durable ici ! ➡️ https://lnkd.in/drCX-PbN #Climate #Sustainability #Resilience #Engagement #GlobalWarming #TransitionToNetZero #AdvancingInsurance #ILBLabs #ESGLab _________ João Paulo Sertã, Gabriel Plantier, Stéphane VOISIN, Louis Boulanger

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The world is facing a 𝐜𝐨𝐧𝐯𝐞𝐫𝐠𝐞𝐧𝐜𝐞 𝐨𝐟 𝐢𝐧𝐭𝐞𝐫𝐜𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐜𝐫𝐢𝐬𝐞𝐬, and Swiss Re's SONAR report sheds light on the complex risks ahead. 𝐓𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐡𝐨𝐰 𝐧𝐚𝐭𝐮𝐫𝐚𝐥 𝐜𝐚𝐭𝐚𝐬𝐭𝐫𝐨𝐩𝐡𝐞𝐬 𝐜𝐚𝐧 𝐝𝐢𝐬𝐫𝐮𝐩𝐭 𝐬𝐮𝐩𝐩𝐥𝐲 𝐜𝐡𝐚𝐢𝐧𝐬, 𝐜𝐫𝐢𝐩𝐩𝐥𝐞 𝐡𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐬𝐲𝐬𝐭𝐞𝐦𝐬, 𝐚𝐧𝐝 𝐭𝐫𝐢𝐠𝐠𝐞𝐫 𝐜𝐚𝐬𝐜𝐚𝐝𝐢𝐧𝐠 𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐢𝐦𝐩𝐚𝐜𝐭𝐬. These challenges necessitate innovative solutions. 𝐏𝐮𝐛𝐥𝐢𝐜-𝐩𝐫𝐢𝐯𝐚𝐭𝐞 𝐩𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬 𝐨𝐟𝐟𝐞𝐫 𝐚 𝐩𝐫𝐨𝐦𝐢𝐬𝐢𝐧𝐠 𝐚𝐩𝐩𝐫𝐨𝐚𝐜𝐡 𝐭𝐨 𝐦𝐚𝐧𝐚𝐠𝐞 𝐞𝐬𝐜𝐚𝐥𝐚𝐭𝐢𝐧𝐠 𝐫𝐢𝐬𝐤𝐬, an imperative I have long advocated. Someone much wiser than me, John Neal, CEO of Lloyd's of London, recently stated in the Financial Times that insurance "is at a tipping point," recommending novel public-private collaboration models. 𝐓𝐡𝐞𝐬𝐞 𝐢𝐧𝐭𝐞𝐫𝐜𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐫𝐢𝐬𝐤𝐬 and novel approaches 𝐩𝐫𝐞𝐬𝐞𝐧𝐭 𝐟𝐨𝐫𝐦𝐢𝐝𝐚𝐛𝐥𝐞 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐟𝐨𝐫 𝐢𝐧𝐬𝐮𝐫𝐞𝐫𝐬 𝐚𝐧𝐝 𝐬𝐨𝐜𝐢𝐞𝐭𝐢𝐞𝐬 𝐚𝐥𝐢𝐤𝐞. Prioritizing resilience and sustainability is paramount to navigating this intricate landscape. Let's foster a dialogue on building a more resilient global framework capable of withstanding and adapting to these multifaceted threats. https://shorturl.at/IVaVM #Insurance #EmergingRisks #Sustainability  Elias Ghanem Cyril Francois Satish Weber Rory Yates

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Did you know? SCOR recently announced the launch of its GenAI-powered client solution to improve underwriting and claims processes. Learn about how SCOR is harnessing the potential of #GenAI here: https://lnkd.in/etGAVJ3A

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