Gen Re conducted a study from 136 life and health insurers in 23 countries to find out how big "big data" is in the industry.
"Regardless of obstacles to overcome, it is apparent that insurance companies are seriously looking at the usefulness of predictive analytics. If plans stay on track, over the next two years the industry is set to experience considerable growth in this area and undergo significant changes. We’re continuing to monitor trends - and are focused on solutions that will help further the successful use of analytics and applications for insurance."
Click here to read the article and view some of the results.