Rate hikes by the Federal Reserve and changes in post-pandemic behavior have put pressure on commercial real estate (CRE) borrowers needing to refinance loans coming due. The tally is nothing to
Approximately $950 billion in CRE mortgages set to mature in 2024, according to S&P Global Market Intelligence's analysis of nationwide property records.
For many years, the growth of personal auto premiums written via the direct channel far outpaced that of the traditional market. But that dynamic changed in 2022 and 2023.
For many years, the growth of personal auto premiums written via the direct channel far outpaced that of the traditional market. But that dynamic changed in 2022 and 2023.
The US insurance technology space has grounds for optimism in 2024. Industry consolidation is well underway, and the companies strong enough to survive on their own have made progress on their expense
The US insurance technology space has grounds for optimism in 2024. Industry consolidation is well underway, and the companies strong enough to survive on their own have made progress on their expense
US banks that provide banking as a service to fintech partners accounted for more than 10% of severe enforcement actions issued by federal bank regulators in 2023, an outsized share given that the number of banks partnering with fintechs is small.
Banking as a service seems increasingly relevant in the face of banking industry liquidity pressures, as it continues to offer robust deposit growth. However, there are challenges that come with offer
Buy-now, pay-later players are rebalancing funding sources and loan portfolios due to higher costs of funding. Their offerings are increasingly blended into established consumer lending products that charge interest and leverage bank partnerships.
Though U.S. insurtech companies are focused on trimming expenses these days,
startups in the property and casualty space are still spending on one type of
acquisition
A few insurers have applied machine learning techniques to ratemaking and gained
regulatory approval to do so, based on a review of U.S. property and casualty
product filings from 2019 to 2021.
Though U.S. retail stock trading has declined since the first quarter of 2021, the public remains more active in the market than they were prior to the pandemic.