Moody’s predicts slow and uneven AI impact for insurers
Artificial intelligence’s impact on the insurance sector will unfold gradually and be “credit-neutral to positive” for the industry, Brandan Holmes, vice president and senior credit officer at Moody's Ratings, has predicted.
At a media briefing on Friday (8 May), the ratings company stated it had updated its European outlook this week, affirming a stable outlook for property and casualty in all markets, including the UK.
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