RNA Analytics Limited

What’s next for the Asian insurance market? As we approach 2025, insurers in the region are tasked with rediscovering growth after a challenging post-pandemic. From evolving MGAs to adopting structured solutions, the industry is adapting to rising demands and market complexities. Here are key trends to watch: · North Asia and the Pacific regions are positioned for rapid growth in operations and distribution. · Continued developments of the insurance-linked securities (ILS) market as protection demands grow. · Structured solutions and high retention will shape risk management strategies. Read more in The Insurer: https://lnkd.in/eMGWD94A #Insurer #AsiaPacific #RiskManagement #Innovation #Insurance #MGAs

The shift to IFRS 17 marks a new era for financial reporting, introducing transparency and consistency across the insurance industry. However, this progress also presents challenges, such as handling complex actuarial models and complying with evolving regulations. Our R3S IFRS 17 solution is designed to tackle these complexities, ensuring efficient and accurate reporting. Discover how our R3S software can ease IFRS 17 compliance: https://lnkd.in/ezPi98Hr  #IFRS17 #Actuarial #Insurance #RiskManagement #Insurtech 

Is Europe’s regulatory framework ready to support AI innovation in insurance?    The European Commission’s proposed AI Liability Directive (AILD) is currently receiving attention, with Insurance Europe discussing its possible effects on innovation and compliance. They raise important points regarding the necessity of insurance requirements and how the directive may interact with existing EU regulations, such as the AI Act, signalling that there may be some challenges ahead for insurers and AI providers.      For the insurance sector, ensuring legal clarity and fostering competitiveness is essential to unlocking AI’s transformative potential in risk management, underwriting, and beyond.     Dive into the details in Insurance Business UK: https://lnkd.in/e9G3qQMM     #ASSA #Actuarial #Riskmanagement #Industryinsights 

And that's a wrap for another year at the Actuarial Society of South Africa (ASSA) 2024 Annual Convention! Over the past two days, we’ve had the pleasure of connecting with industry leaders, exchanging ideas, and showcasing RNA Analytics’ solutions. It’s been a fantastic event filled with innovation, collaboration, and inspiration. If you couldn’t make it to this year's ASSA Convention but want to learn more about how we’re supporting actuaries and insurers with cutting-edge tools and services, visit our website or speak with members of our team: https://lnkd.in/gYU2esEE #ASSA2024 #Actuarial #Insurance #RiskManagement #CapeTown

We’re thrilled to announce that RNA Analytics will be an exhibitor at the upcoming InsuranceERM’s Insurance Risk & Capital EMEA 2024 conference in London on December 2nd! Visit us at our stand to explore how our services and solutions can support insurers in staying ahead of evolving risks, navigating regulatory shifts, and exploring the latest trends shaping the industry. Register here: https://lnkd.in/dX75yiy9 #IERMIRC #RiskManagement #Innovation #London #InsuranceERM #Regulatory

Welcome to our first LinkedIn newsletter! We’re excited to launch this bi-monthly series, where we’ll dive into key industry topics like AI, regulatory updates, IFRS 17, and more. At RNA Analytics Limited, we understand the challenges our clients face in navigating a rapidly evolving insurance landscape, and we're here to share our expertise to support firms overcoming these barriers. Enjoy the read and subscribe to stay updated on future topics! #IFRS17 #Regulatory #AI #Insurance #Insights #Newsletter

Team RNA is prepping for the Actuarial Society of South Africa (ASSA) 2024 Annual Convention, taking place on 20–21 November at the Cape Town International Convention Centre! Be sure to stop by booth 16 to meet our team and discuss everything on the future of actuarial innovation, industry regulations, and risk assessment. Don’t miss out, there is still time to join us: https://lnkd.in/eVUTaKww #ASSA #Actuarial #Riskmanagement #Industryinsights

That’s a wrap on The Actuarial Society of Kenya (TASK) Convention 2024!     It was a great experience to connect with industry leaders and share knowledge on the future of enterprise risk management in Kenya. From engaging panel discussions on AI and machine learning to one-on-one conversations at the RNA booth, we explored risk management strategies, regulatory trends, and innovations shaping the industry.     See you next year and here’s a glimpse of the highlights from an amazing few days.     #TASKConvention2024 #EnterpriseRisk #Insurance #Kenya #RiskManagement #AI #Regulation

Yesterday, our Associate Director, Anton Clennar joined Ayisi Makatiani from Caava VantagePoint AI and David Cummings from Casualty Actuarial Society, on a panel at The Actuarial Society of Kenya (TASK) Convention, focusing on AI and Machine Learning in the actuarial industry. The panel highlighted the transformative role of AI in data analysis and risk forecasting while emphasising the importance of ethics, transparency, and the human touch in tech-driven solutions. #TASK2024 #AI #MachineLearning #ActuarialInnovation #Insurance #Technology #Kenya