News of the potential purchase of a 33% stake in Swiss Re prompted the vague but optimistic talk of potential technological synergies that accompanies any SoftBank deal.
Swiss Re played along with this narrative in its full-year 2017 earnings announcement on February 23 by highlighting the work it is doing on technology solutions, such as a machine-learning pricing platform for insurance policies.
“This platform can be leveraged for multiple parametric insurance products, such as those covering earthquakes or delayed airline flights,” Swiss Re said.
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