Panelists discuss generative AI, including Chat GPT and large language models, at ITC Vegas, October 31, 2023: Keith Raymond, principal analyst at Celent; Joseph Ours, AI strategy and director modern software development at Centric Consulting; Harkaran Singh, director, digital transformation, Microsoft; and Bruce Broussard, co-founder and managing partner, Percipience. The reinsurer is working on how to use Gen AI to support decision-making without letting it fully automate decisions. PwC and others also see claims and customer service applications for the technology. BIS sees climate losses hitting governments as insurers exit As insurers start to pull out from markets battered by the fallout of climate change, governments are increasingly at risk of having to foot the bill, according to the Bank for International Settlements. By Frances Schwartzkopff November 22 Why corporate America is rethinking diversity hiring The same conservative activists who helped gut race-related college admissions at the U.S. Supreme Court have now set their sights on corporate diversity programs Swiss Re tech executive talks about digital transformation Russell Higginbotham, CEO of the Swiss Re Solutions division of the global reinsurer, shares the ways he sees application of technology to data, risk and communication changing the insurance industry.