Credit Risk Insurance

Driving digital transformation in finance – and beyond

Financial leaders can create value through digital transformation. getty Digital transformation coupled with a fierce war for talent are two macro-trends reshaping finance. This makes the discussion with Jennifer LaClair, CFO of Ally Financial, a leader in the digitization industry, particularly relevant at this time. I asked LaClair how Ally …

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The largest general insurer produces good technical results in the automotive sector

Malayan Insurance continues to post good technical results for its automotive business, which offsets the unfavorable performance of its fire business, notes AM Best. The insurer’s overall underwriting performance has been hampered by the volatility and adverse claims of its fire business in recent years, due to major catastrophes and …

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5 things to keep in mind before applying

Taking advantage of a home loan is never an easy proposition as you get older. Living a comfortable life after retirement is a dream for many, and many want the same to be experienced in their own homes. Although mortgage rates are at their lowest, with some banks and credit …

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Will the Biden Child Tax Credit Have an Impact on Voters in the Midterm Election?

WASHINGTON A new monthly cash benefit championed by President Joe Biden is on the cusp, supporters of the program hope, to lift families out of poverty and provide them with financial security. Will that also cause some of those same parents to vote Democrats? The president’s broad political agenda is …

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Up to 650,000 Michigan residents may need to repay unemployment benefits. here’s why

Millions of Americans have lost their jobs during the pandemic. Fortunately, unemployment benefits have been made available to those who do not have a fault-free job. But the process of claiming unemployment over the past year and the change has not been smooth. Many states use outdated technology to process …

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Rising house prices, Credit Union caps savings, and handshake returns – sort of

Real estate agents expect national house prices to rise an average of 6 percent over the next 12 months, with a majority blaming the price hike on a lack of housing supply, reports Laura Slattery. More than 200 estate agents belonging to the Society of Chartered Surveyors Ireland have been …

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South Korea: capitalization and business profiles determine insurer ratings

Capitalization is a key credit factor that determines insurer ratings, according to Fitch Ratings. The Korean peer group’s capital strength, measured by the Fitch Prism model, ranges from “Strong” to “Adequate”. In its report, “Korea Life Insurance Peer Review”, Fitch says the two big insurers, Hanwha Life and Kyobo Life, …

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Latest coronavirus: school absences in England increase as Delta variant spreads

Coronavirus rates in Spain have risen, fueled by an increase in infections among young people, as the country hopes to attract tourists to help revive its economy. The rate rose to 204 infections per 100,000 over 14 days, just above levels in Russia, the health ministry said on Monday. Japanese …

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Auto insurance for teens after an accident

Affiliate Disclosure Unfortunately, it can be more difficult to obtain auto insurance for teens after an accident. While most drivers will experience a rate hike after a at-fault accident, teenage drivers are already considered high risk, so they tend to experience the biggest rate changes. Fortunately, our experts have reviewed …

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How auto insurance and credit score relate to each other?

Most Canadians believe that auto insurance premiums largely depend on geographic location, driving record, type of vehicle, annual trips, etc. However, did you know that your auto insurance is also linked to your credit score? Credit score and credit history are indicators of a person’s financial discipline. A credit score …

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