Global Reinsurance Rates Set to Drop 5%-15% for Loss-Free Portfolios on Jan 1

Global Reinsurance Rates Set to Drop 5%-15% for Loss-Free Portfolios on Jan 1

Dec 30, 2024

Global property catastrophe reinsurance rates are set to decrease by 5% to 15% on January 1, 2025, for portfolios without any recent loss history, according to reinsurance broker Guy Carpenter. This shift signals increasing competition in the market after several years of steady

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“Media Ad Revenue Set to Stabilize in 2025, Boosted by Sports and Live Events”

“Media Ad Revenue Set to Stabilize in 2025, Boosted by Sports and Live Events”

Dec 28, 2024

Key Points: The advertising market is showing positive momentum heading into 2025, particularly for media companies with rights to sports and live programming. Industry executives have highlighted the stabilizing trends as uncertainty tied to the 2024 election fades. Sports and Live Events Drive

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HCC Shares Drop 4% After Claims Settlement, Strong Order Pipeline in Focus

HCC Shares Drop 4% After Claims Settlement, Strong Order Pipeline in Focus

Dec 24, 2024

Claims Settlement and Financial Impact HCC recently completed a claims settlement worth ₹180 crore with a major client. This settlement reduced client advances by ₹130 crore, which is expected to lower annual financing charges by ₹15 crore. Additionally, ₹50 crore of the settlement

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Jerome Powell’s Leadership: Navigating Inflation and New Economic Challenges

Jerome Powell’s Leadership: Navigating Inflation and New Economic Challenges

Dec 23, 2024

Federal Reserve Chair Jerome Powell has skillfully navigated the U.S. economy through crises like the pandemic and record-high inflation. While inflation has dropped near the Fed’s 2% target, challenges loom large, with President-elect Donald Trump’s policies threatening to push prices back up. Inflation

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Dow Drops Over 1,100 Points, Hits Longest Losing Streak Since 1974

Dow Drops Over 1,100 Points, Hits Longest Losing Streak Since 1974

Dec 19, 2024

Dow Experiences Historic Decline The Dow Jones Industrial Average fell sharply on Wednesday, dropping over 1,123 points (2.6%). This marks the longest losing streak since 1974, extending its slide to 10 consecutive days. The plunge came after the Federal Reserve’s policy statement indicated

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“Why Are Food Prices Rising Again? Causes Behind the Surge”

“Why Are Food Prices Rising Again? Causes Behind the Surge”

Dec 16, 2024

A Shortage of Eggs and Rising Grocery Costs On the Sunday before Thanksgiving, a grocery store in Rochester, Minnesota, ran out of eggs. Meanwhile, in Richfield, an hour and a half away, eggs were available but at a steep price—40% higher than just

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“Dr. Oz Faces Ethical Scrutiny Over Financial Ties to Medicare-Linked Companies”

“Dr. Oz Faces Ethical Scrutiny Over Financial Ties to Medicare-Linked Companies”

Dec 14, 2024

Dr. Mehmet Oz, President-elect Donald Trump’s nominee to head the Centers for Medicare & Medicaid Services (CMS), is under scrutiny for his significant financial holdings in companies with ties to Medicare. CMS oversees programs like Medicare, Medicaid, and the Affordable Care Act (ACA).

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“Auto Industry Faces a Challenging 2025 Amid EV Transition and Global Headwinds”

“Auto Industry Faces a Challenging 2025 Amid EV Transition and Global Headwinds”

Dec 11, 2024

The automotive industry has faced significant struggles in 2024, and many experts believe that 2025 will be equally challenging. Automakers are grappling with a range of issues, including limited affordable electric vehicles (EVs), slow expansion of charging infrastructure, fierce competition from Chinese manufacturers,

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Families Sue Character.AI Over Child Safety Concerns, Demand Platform Shutdown

Families Sue Character.AI Over Child Safety Concerns, Demand Platform Shutdown

Dec 10, 2024

Character.AI, an AI chatbot platform, is facing its second lawsuit since October over alleged harm to young users. Two families have accused the platform of exposing children to sexual content and promoting self-harm and violence, urging a court to shut it down until

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Relief for Home Loan Borrowers Expected in 2025: RBI Likely to Cut Rates by 50-100 bps

Relief for Home Loan Borrowers Expected in 2025: RBI Likely to Cut Rates by 50-100 bps

Dec 6, 2024

Home loan borrowers are set to experience much-needed relief in 2025 as experts predict interest rate cuts by the Reserve Bank of India (RBI). This shift follows signs of slowing GDP growth and easing inflation, setting the stage for reduced Equated Monthly Installments

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