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| | | | | | | Bitcoin, Robinhood & SPACs | | | | How should an insurance company adjust its investment strategy in light of this elevated risk taking? | | | | | | | | New England Asset Management (NEAM) | | |
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| Today's Headlines | April 1, 2021 |
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When the leader of Sompo International's Global Risk Solutions business describes a key stop on his path to the C-suite, he mentions the possibility that race and age were a hurdle in passing. "Look, there were a lot of people that felt at that point, 'Who is this young kid?' and many companies tended to... read more | | |
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Emerging risks evolve through three phases: emerging interest, emerging damage and emerging litigation. During the "emerging interest" phase, scientists, regulators or legal scholars first flag the potential for the risk to harm humans or the environment and publish their findings. In some cases, these initial studies seed larger scientific literatures that investigate the harms in... read more | | |
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Telematics — specifically usage-based insurance rates (UBI), or "pay-as-you-drive" — has proven to be a game-changer in the auto insurance industry. In a May 2020 customer sentiment survey, J.D. Power found that 40% of drivers were contemplating UBI due to the potential cost savings. In a ... read more | | |
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Next Insurance raised a whopping $250 million in new venture financing – a major cash infusion after a year of acquisitions and other actions to further growth. read more | | |
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While the majority of insurers (71 percent) have portfolios that contain data-centric products and services, many are still uncertain when it comes to what data is essential to own, what data is acceptable to use and when it's advantageous to share it, according to a new report from the IBM Institute for Business Value,"Personalization, Platforms... read more | | |
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Zurich Insurance Group said it will be taking further, deeper steps to help curb carbon emissions in line with the Paris Agreement's goals to limit global warming. Targets will include its own internal operations, companies it invests in and businesses it insures. read more | | |
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Insured losses from Australia's March floods are expected to hit general (or property/casualty) insurers' underwriting margins and earnings in 2021, while putting more upward pressure on reinsurance rates, according to a report from AM Best. read more | | |
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Britain should not be "short-sighted" and copy European Union rules just to keep financial activity in London, Bank of England executive director for financial stability Alex Brazier said on Monday. read more | | |
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The blockage of the Suez Canal for nearly a week will result in a "large loss" for Lloyd's of London, its chairman said on Wednesday, as the insurance market recorded a 900 million pound ($1.2 billion) pretax loss in 2020 due to the COVID-19 pandemic. read more | | |
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| | Digital innovation is reshaping payments in the insurance industry. ... read more | |
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| | Consumers don't take into account the fees that insurance companies have to pay ... read more | |
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| | Watch on demand: Erie Insurance's Tim Shine shares the journey to digitize the ... read more | |
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| | Many of us made big changes to the way we work this year. Whether your team is ... read more | |
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| | Now more than ever, insurance carriers are interested in using data science to ... read more | |
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