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| | | | | | | Life Insurers' Net Investment Spreads | | | | Declining yields over the decade(s) continue to challenge the life insurance industry. Are life insurers making adequate investment spreads? | | | | | | | | New England Asset Management (NEAM) | | |
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| Today's Headlines | June 1, 2021 |
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"If you're an insurer today, and you're really good at underwriting, you should evolve into being a reinsurer and jettison out other assets." The words of advice from InsurTech Co-Founder Marty Young of Buckle during a virtual M&A conference late last year nearly knocked me off my chair. These days, there aren't too many pure... read more | | |
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In the early days of the Internet in the late 1990s, Netscape Navigator, Microsoft's Internet Explorer and other Internet browsers tried to grab market share in an emerging market. The choice of a browser in those days had technological, cultural and even political implications for their users. Consumers and businesses placed values on browsers that... read more | | |
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Imagine that you receive a quote application from a residential remodeling company working out of a Pennsylvania town near Philadelphia who also does business across the Delaware River, in New Jersey. As you pore over the application, which may include more than 90 queries, you... read more | | |
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The COVID-19 crisis cost 16 global multiline insurers about $8 billion in 2020, although they still reported substantial net profit of $36 billion, according to a report published by S&P Global Ratings. read more | | |
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Data from Internet of Things-related (IoT) devices is a potential boon to insurers, giving them new options for covering existing and new risks alike, according to a new report published by The Geneva Association. read more | | |
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U.S. energy companies are scrambling to buy more cyber insurance after this month's attack on Colonial Pipeline disrupted the U.S. fuel supply, but they can expect to pay more as cyber insurers plan to hike rates following a slew of ransomware attacks. read more | | |
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Digital insurance startup Wefox said on Tuesday it had raised $650 million from investors, in what it called a record-breaking round for a so-called "insurtech" company that valued the business at $3 billion. The funding means Berlin-based Wefox has grown in value threefold since tapping investors in 2019. The move follows big raises by local... read more | | |
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Australia is considering capping fees for litigation funders and lawyers, and guaranteeing a minimum rate of return for plaintiffs, in its latest clamp down on the industry following a surge in costly class action lawsuits. read more | | |
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Carrier Management published its second-quarter magazine on Tuesday, May 25, "Fairness in Insurance," in print and digital format. This edition shines a light on InsurTechs that have the concept of fairness in insurance underwriting and pricing at the heart of their business models. Already popular highlights of the edition include articles titled "Creating the USAA... read more | | |
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| | Striking the right balance between automation and the human touch is a top ... 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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| | Identity thieves are increasingly targeting non-financial accounts, including ... read more | |
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| | Many insurers are struggling to keep up with changing customer dynamics and ... read more | |
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| | The insurance industry faces significant disruption from multiple fronts, ... read more | |
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