Global insurance leaders convene in Seoul as AI, emerging technologies reshape risk

As artificial intelligence (AI) reshapes industries and geopolitical tensions add new layers of uncertainty, more than 1,300 global insurance leaders and risk specialists have gathered in Seoul this week to debate how the industry should adapt and move forward. The Korea International Insurance Conference (KIIC), sponsored by Samsung Fire & Marine Insurance, opened Wednesday at the Grand InterContinental Seoul Parnas under the theme "Insuring the Future in a Changing Risk Landscape." The two-day event has drawn participants from 175 companies across 27 countries, including insurers, reinsurers, brokerage firms, insurtech groups — which use technology to find cost savings and efficiencies — and risk consultancies, making it Korea's largest international gathering for the insurance sector. Now in its third year, KIIC has established itself as a forum for cross-border dialogue, knowledge sharing and business partnerships between Korean insurers and global markets. This year's conference moves beyond traditional discussions of underwriting and claims, focusing instead on how insurers ca