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...It is also known for financing entrepreneurs who create platform companies to consolidate industries like insurance....
...Economic data The US commerce department will release new data for durable goods spending, a key metric of domestic business health....
...Car repair workshops can access digitalised inventory management thanks to 3M, the miner-turned-materials innovator. Its RepairStack platform links them directly to insurance companies’ claims systems....
...local chamber of commerce, hoping to set them up with cover against various types of risks....
...I also spoke with the co-founder of one of the artificial intelligence start-ups helping to automate loan underwriting....
...Koch Industries’ Georgia-Pacific is using a similar manoeuvre to try to limit its liabilities against asbestos claims....
...In the health insurance sector, Oscar Health, a company co-founded by Joshua Kushner (brother to Donald Trump’s son-in-law Jared Kushner), has lost more than 70 per cent from its market value since investors...
...A version of this article was first published by Nikkei Asia on November 17. ©2021 Nikkei Inc. All rights reserved....
...French insurance company Axa is hoping to resolve a bruising dispute with the hospitality industry over pandemic claims, after offering a settlement in June to restaurateurs in its home market that is expected...
...A road map on relevant regional co-operation was adopted in 2016....
...“Trying to do all that other stuff with two other companies, and you’re not co-located, you’re not working in the same industries, let alone geographic areas. That’s a lot of heavy lifting.”...
...Cameron even visited the Sydney offices of The Bond & Credit Co, the insurer that was so vital to Greensill’s operations....
...Early in the crisis, multinationals rolled out mental health apps as they became aware of the risk that the new situation would load greater burdens on to staff who were now out of sight of team leaders....
...KKR, life insurance and immortality The asset management industry founded by George Roberts and Henry Kravis in the 1970s, pictured below, is only forty years young. But it has an ageing problem....
...“Management seemed to carry a new level of confidence, with a sizeable bump in guidance,” they said....
...Andrew Smithers, founder, Smithers & Co: Lag I hope. Money supply is growing too fast and needs to be slowed....
...That seemed to be the attitude of Elliott Management in a complaint filed on Friday by its portfolio company, Travelport....
...Steve Cohen’s quant unit at Point72 Asset Management has also been hit, Bloomberg reported, and is down more than 20 per cent....
...Idexx said in October that the animal health market had experienced a “V-shaped recovery”....
...He has bolstered Google Health with other industry leaders including Karen DeSalvo, a former national co-ordinator of health information technology, and Robert Califf, former commissioner of the Food and...
...Grab is also on the move, raising $200m, half from South Korean private equity firm Stic Investments, and launching consumer financial products including micro-investments, loans, health insurance and a...
...Last year, Chinese online insurer ZhongAn Online P & C Insurance tied up with Grab to build a digital insurance marketplace for the ride-hailer’s drivers in south-east Asia....
...Second, the industry needs to convince health authorities and governments that ships are safe to carry passengers....
...(FT) Will the insurance industry pick up the climate change bill? Floods were once considered too irregular to insure against....
...There are also long-term (not directly Covid-19) health issues — among which mental health issues are worryingly large....
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