Verisk Says AI Data Will Fuel Growth While Record-Low Catastrophes Depress Claims Transactions
Verisk's AI-powered subscription businesses surged 8.7% as the insurance data giant pivots away from weather-dependent claims transactions, which collapsed in the quietest U.S. catastrophe quarter since 2017.
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Private Credit Spreads Are Widening. BlackRock Now Wants to Sell Insurers the Risk Model.
BlackRock's Aladdin platform is being positioned as the operating system for private credit, as the firm moves to sell insurers not just exposure to the asset class but the model to ride the risk curve.