US mortgage lenders insure against artificial intelligence screening errors
Insurers including Munich Re are backing cover for AI mistakes, offering the potential to cut capital requirements
Insurers including Munich Re are backing cover for AI mistakes, offering the potential to cut capital requirements

Trading in insurance-like products that protect against tech company defaults is booming

Global lenders explore private deals and risk transfers to cut exposure to AI boom

Jumbo debt sales to fund huge artificial intelligence capex threaten to store up new risks for investors

AIG, Great American and WR Berkley seek permission to limit liability from AI agents and chatbots

Executives discussing options including shorting basket of artificial intelligence stocks or using derivatives to transfer risk

Investors attracted by high yields as companies look to shift debt off their balance sheets