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By Mike CRONIN, Investment Manager, North American Equities Tom DORNER, Investment Director, European Equities, Aberdeen Standard Investments
Rapid technological developments combine with falling investment returns in a world of low rates, demographic and regulatory changes – all add up to pressures on the insurance sector.
Facing new challenges
Big data, machine learning and artificial intelligence are examples of a new wave of technologies which are beginning to present considerable risks and opportunities for many companies. The insurance sector is an example of an industry adapting its business strategies to meet this challenge. Against the backdrop of other major, often adverse, trends, success has so far...
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