The Japan Healthcare Insurance Market is on the verge of significant growth, increasing from USD 136.15 billion in 2023 to an estimated USD 236.38 billion by 2030. This surge is largely driven by the aging population and technological advancements in healthcare services. A comprehensive and
In this interview, we speak with Simon Glairy, an expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. How would you describe your approach to meeting with new clients? When I meet with potential clients, I focus on a
In an effort to refine how Risk-Based Capital (RBC) ratios are perceived and utilized, Ohio regulators have put forward a proposal that could significantly alter the landscape of transparency in the insurance sector by making annuity issuers' RBC ratios confidential. RBC ratios serve as a
In today's global landscape, multinational companies continually face emerging risks and uncertainties. Having robust risk management and effective property insurance strategies is paramount to remain resilient and operational amid natural catastrophes, economic pressures, and geopolitical
The insurance industry is undergoing a revolutionary transformation with the integration of artificial intelligence (AI). The widespread adoption of AI promises to offer unprecedented efficiency and accuracy in the underwriting process, but it also raises fundamental issues that need to be
The true scale of car insurance fraud in the modern world can often be staggering, and one such case recently unfolded involving two cousins from the UK. Ikram Rafique from Romford and Mohammad Hamad from Ilford orchestrated a significant car insurance fraud that went unnoticed for several years.
Health insurance affordability has turned into a daunting challenge for small businesses across the United States, with many struggling to provide coverage for their employees as costs continue to skyrocket. This predicament has only worsened over time, as evident from a health care policy paper
A recent proposal from corporate health insurers in Australia, which suggests a "hardship package," has sparked considerable backlash from prominent organizations within the country's private health sector. Leading voices such as the Australian Private Hospitals Association (APHA),
Insurers are emerging as crucial players in the global shift toward green energy, leveraging their financial muscle and risk management expertise to support businesses transitioning to sustainable energy sources. This transformation is not only aligned with broader environmental goals but also
Data analytics is revolutionizing a variety of industries, and insurance is no exception. From enhancing risk assessment to streamlining claims processing, advanced data techniques are reshaping how insurers operate and compete. This article delves into the numerous ways that data analytics is
