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At first glance this week's AI-induced market meltdown was about tech stocks and broad macro fears, but the real danger may be embedded in life insurance and reinsurance.
At first glance this week's AI-induced market meltdown was about tech stocks and broad macro fears, but the real danger may be embedded in life insurance and reinsurance.
Also, cat bonds are putting an increasing premium on wildfire risk.
A new letter from the American Academy of Actuaries draws a direct line between the planned dismantling of NCAR and higher homeowners insurance costs for US consumers.
