The commercial property insurance market, particularly for multinational businesses, is becoming increasingly complex. This dynamic environment necessitates robust risk mitigation strategies and strong insurance partnerships. These partnerships are essential for effectively managing property risks
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
Insurers are increasingly playing a pivotal role in facilitating the green transformation of businesses. With the urgent need to address climate change and the shift towards sustainable energy sources like wind, solar, and geothermal power, the insurance industry is stepping up to support this
Nirvana Insurance is revolutionizing the commercial fleet insurance industry by leveraging the power of artificial intelligence (AI) and the Internet of Things (IoT). This telematics-based insurance company recently secured a substantial $80 million in a Series C funding round, bringing its
Managing property risks for multinational businesses operating across various locations presents unique challenges that necessitate robust and strategic risk management practices. By implementing comprehensive multinational property programs, these organizations can effectively navigate the
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
