Big Data in Insurance. The Use of Big Data Technology in Insurance Industry
The implementation of big data results in 30% better access to insurance services, 40-70% cost savings, and 60% higher fraud detection rates
Adoption of Big Data
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Belgian & Dutch Insurers’ Investments Should be Resilient to Credit Risks
Belgian and Dutch insurers’ conservative investment portfolios should be resilient to rising credit risks amid weakening economic conditions and tightening monetary policy
Most Insurance Companies are Sitting on Significant Investment Losses
The increase in interest rates over the last year has been positive for life insurers in Europe, improving both solvency and financial results
US Insurers’ Investments to the Failed Banks are Modest
Insurers’ investments to the failed banks (Silicon Valley Bank, Silvergate and Signature Bank) are modest. Fitch-rated insurance entities’ direct investment exposure
Life & Health Inclusive Insurance : Availability, Accessibility, Affordability
No Life & Health (L&H) insurance market is fully inclusive. This is supported by the findings of Swiss Re Institute L&H Insurance Inclusion Radar