HONG KONG, March 24 (Bernama-BUSINESS WIRE) — The use of the artificial intelligence model DeepSeek among mainland China insurance companies has the potential to help small to medium-sized carriers improve operational efficiencies. Overall, according to its new commentary, AM Best views the use of DeepSeek as being credit neutral for China’s insurance industry over the short term.
Several of China’s insurers have announced the deployment of DeepSeek for their operations. In its Best’s Commentary, “DeepSeek Could Improve Operating Efficiency of Mainland China Insurers, Albeit with Risks,” AM Best states that it remains optimistic about the opportunities and risks arising from AI technology and views the potential impact of DeepSeek on the country’s insurance industry as being credit neutral.