Search Results for: credit risk exposure

Conning Survey: U.S. Insurers to Embrace More Portfolio Risk in 2024, Welcome AI Tools in Investment Process
Artificial Intelligence Fintech Investments

Conning Risk Assessment Survey of U.S. Insurers Released

Fintech News Desk
by Fintech News Desk0
62% of U.S. P&C/life insurers expect to add investment risk in 2024 51% expect their allocations to private assets will be at least 20% in the next two years Three in four insurers using or piloting AI in investment process Conning, an insurance asset management firm released its third annual......
Business Loan Approvals at Big Banks and Credit Unions Continued to Slide in August
Lending News

Business Loan Approvals at Big Banks and Credit Unions Continued to Slide in August

GlobeNewswire
by GlobeNewswire0
Big bank lending to small businesses has stalled for over a year, while credit unions return to an all-time low. Loan approval percentages rose at regional and community banks and non-bank lenders. Small business loan approval percentages at big banks ($10 billion+ in assets) fell from 13.3% in July to 13.2% in August, according to the......
Best’s Special Report AM Best Updates Net Capital Charge Tables Associated With Fannie-Freddie Mortgage Risk Transfers
InsurTech Mortgage News

AM Best Updates Net Capital Charge Tables Associated With Fannie-Freddie Mortgage Risk Transfers

Business Wire
by Business Wire0
AM Best has released newly updated tables of net capital charges associated with a representative sample of mortgage-related transactions from Fannie Mae and Freddie Mac’s credit risk transfer (CRT) programs—Freddie Mac’s Agency Credit Insurance Structure (ACIS) and Fannie Mae’s Credit Insurance Risk Transfer (CIRT). These tables also highlight some of the......
ComplyAdvantage Launches New KYB Verification with Flexible Risk Scoring
Compliance management News Risk Management

ComplyAdvantage Launches New KYB Verification with Flexible Risk Scoring

PR Newswire
by PR Newswire0
Any company can now confirm the legitimacy of a new business customer faster and more efficiently, minimizing risk One of the biggest challenges faced by regulated and non-regulated companies is assessing whether or not another business is safe to work with. Existing approaches rely on manual research across multiple siloed sources.......
AM Best Affirms Credit Ratings of M and C General Insurance Company Limited
InsurTech News

AM Best Affirms Credit Ratings of M and C General Insurance Company Limited

Business Wire
by Business Wire0
AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of M&C General Insurance Company Limited (M&C General) (St Lucia). The outlook of these Credit Ratings (ratings) is stable. Latest Fintech Interview : Global Fintech Interview with......
Sidetrade Acquires US-Based CreditPoint Software to Disrupt B2B Credit Risk Market
B2B News Risk Management

Sidetrade Acquires US-Based CreditPoint Software to Disrupt B2B Credit Risk Market

GlobeNewswire
by GlobeNewswire0
Acquisition catalyzes disruptive real time B2B credit risk management solutions Sidetrade, the global leader in AI-powered Order-to-Cash solutions, has announced that it has finalized an agreement to acquire the entire business of CreditPoint Software, a leading provider of real time B2B credit risk management solutions. Two years on from the Amalto takeover, Sidetrade gains a......
Wolters Kluwer Offers Risk and Compliance Insights on Recent Bank Failures
News Risk Management

Wolters Kluwer Offers Risk and Compliance Insights on Recent Bank Failures

Business Wire
by Business Wire0
Recently published commentaries offer context, perspective in wake of banking disruptions Recently published commentary by Wolters Kluwer regulatory and risk management experts is helping shed light on not only the likely causes behind several recent bank failures, but the warning signs evident as these failures first materialized—as well as suggestions......
Banco Sofisa Partners with Finastra to Elevate Its Risk Management Strategy
Banking News Risk Management

Banco Sofisa Partners with Finastra to Elevate Its Risk Management Strategy

PR Newswire
by PR Newswire0
Vector Risk’s cloud-based regulatory and internal reporting solution on FusionFabric.cloud empowers the bank to quickly launch new products Finastra announced that Banco Sofisa, a nationally ranked São Paulo, Brazil-based financial institution known for its Sofisa Direto digital bank, has partnered with Finastra to implement Vector Risk, a market and credit risk solution. Delivered via Finastra’s FusionFabric.cloud and......
Securitize Expands Access to Hamilton Lane's Senior Credit Opportunities Fund via Polygon
Blockchain News

Securitize Expands Access to Hamilton Lane’s Senior Credit Opportunities Fund via Polygon

PR Newswire
by PR Newswire0
Securitize, a firm digitizing the issuance, management, and trading of real-world assets, launched a new feeder fund offering tokenized exposure to an evergreen private credit fund from leading private markets investment firm, Hamilton Lane, available exclusively on the Polygon blockchain. Latest Fintech Interview: Global Fintech Interview with Juha Viitala, CEO......
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