Property

Insurance Information Institute Releases Its 2023 Annual Report

Retrieved on: 
Wednesday, January 31, 2024

The Insurance Information Institute (Triple-I) released today its 2023 Annual Report , highlighting the organization’s accomplishments in a year when the U.S. saw a record number of weather and climate disasters causing at least $1 billion in damages.

Key Points: 
  • The Insurance Information Institute (Triple-I) released today its 2023 Annual Report , highlighting the organization’s accomplishments in a year when the U.S. saw a record number of weather and climate disasters causing at least $1 billion in damages.
  • “Climate risks are being given additional media attention, yet insurance is increasingly entering into the discussion.
  • It is one of the reasons Triple-I contributed its flood mitigation insights in 2023 to a National Institute of Building Sciences report on resilience and another developed in consultation with Milwaukee, Wisconsin’s Metropolitan Sewerage District ,” stated Sean Kevelighan, CEO, Triple-I, in his Annual Report letter.
  • Now in its fifth year, Triple-I’s quarterly economic forecasts in 2023 provided insights into the state of the industry’s financial performance.

Singapore Alternative Lending Market Size Projected to Reach US$ 6.65 Billion by 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 30, 2024

The "Singapore Alternative Lending Market Business and Investment Opportunities Databook - 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan Type and Demographics - Q2 2023 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Singapore Alternative Lending Market Business and Investment Opportunities Databook - 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan Type and Demographics - Q2 2023 Update" report has been added to ResearchAndMarkets.com's offering.
  • This exhaustive resource offers a panoramic view of the alternative lending landscape, with over 75 key performance indicators (KPIs) shaping the sector's future.
  • The sector has witnessed a growth forecast of 31.6% annually, with predictions that the market will expand from a value of US$ 2.48 billion in 2022 to an impressive US$ 6.65 billion by 2027.
  • The findings about the Singapore Alternative Lending market are poised to assist financial institutions, fintech innovators, and investors in navigating the complexities of the alternative finance ecosystem with greater clarity and confidence.

Intesa Sanpaolo S.p.A. Digital Transformation Strategy Analysis Report 2023: Accelerators, Incubators, and Other Innovation Programs

Retrieved on: 
Friday, February 2, 2024

This report provides insight into Intesa Sanpaolo's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.

Key Points: 
  • This report provides insight into Intesa Sanpaolo's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.
  • Intesa Sanpaolo SpA (Intesa Sanpaolo) is a diversified financial services group that offers a range of banking solutions to private, SMEs, and corporate institutes.
  • In May 2023, Intesa Sanpaolo launched new Governance Area dedicated to innovation and information technology in line with its 2022-25 Business Plan.
  • The transformation efforts by Intesa Sanpaolo rely on technology solutions, such as Intesa Sanpaolo Mobile app.

Vietnam's Digital Insurer OPES Goes Live with Sapiens P&C Platform on Microsoft Azure

Retrieved on: 
Thursday, February 1, 2024

HOLON, Israel, Feb. 1, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that OPES Digital Insurance, the leading digital insurer in Vietnam, has gone live with Sapiens IDITSuite for Property & Casualty, coupled with Sapiens Intelligence, to modernize its core P&C insurance processes.

Key Points: 
  • The go-live marks Sapiens' first implementation in Vietnam, as well as the first global deployment of Sapiens' latest release of IDITSuite 19.1.
  • Founded in 2018 as a member of VPBank's digital ecosystem, one of the leading banks in Vietnam, OPES turned to Sapiens to drive their journey to become a strong digital player.
  • OPES needed a strong, modern platform, with digital API capabilities and a flexible, service-based solution that can integrate with multiple partners to create a robust digital ecosystem.
  • Sapiens IDITSuite also meets OPES' need for strong product configuration and robust approval status tracking capabilities to eliminate audit risks.

Vietnam's Digital Insurer OPES Goes Live with Sapiens P&C Platform on Microsoft Azure

Retrieved on: 
Thursday, February 1, 2024

HOLON, Israel, Feb. 1, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that OPES Digital Insurance, the leading digital insurer in Vietnam, has gone live with Sapiens IDITSuite for Property & Casualty, coupled with Sapiens Intelligence, to modernize its core P&C insurance processes.

Key Points: 
  • The go-live marks Sapiens' first implementation in Vietnam, as well as the first global deployment of Sapiens' latest release of IDITSuite 19.1.
  • Founded in 2018 as a member of VPBank's digital ecosystem, one of the leading banks in Vietnam, OPES turned to Sapiens to drive their journey to become a strong digital player.
  • OPES needed a strong, modern platform, with digital API capabilities and a flexible, service-based solution that can integrate with multiple partners to create a robust digital ecosystem.
  • Sapiens IDITSuite also meets OPES' need for strong product configuration and robust approval status tracking capabilities to eliminate audit risks.

Patriot Drills 26.1 m at 1.21% Li2O in Step-Out Hole at the CV13 Pegmatite, Quebec, Canada

Retrieved on: 
Wednesday, January 31, 2024

15.7 m at 1.52% Li2O, including 10.6 m at 1.99% Li2O or 2.5 m at 5.28% Li2O (CV23-271).

Key Points: 
  • 15.7 m at 1.52% Li2O, including 10.6 m at 1.99% Li2O or 2.5 m at 5.28% Li2O (CV23-271).
  • Assays are reported herein for 22 drill holes completed in 2023 at the CV13 Spodumene Pegmatite.
  • Drill hole CV23-271 returned 10.6 m at 1.99% Li2O or 2.5 m at 5.28% Li2O within a wider interval of 15.7 m at 1.52% Li2O.
  • Results of previously reported drill holes from this zone include 12.7 m at 2.46% Li2O (CV23-191), 8.0 m at 2.86% Li2O (CV23‑195), 10.2 m at 2.70% Li2O (CV23-198), 10.7 m at 2.79% Li2O (CV23‑200), 14.0 m at 2.14% Li2O (CV22‑092), and 7.0 m at 1.98% Li2O (CV22-095).

Capital Square Awarded Prestigious AMO® Accreditation by IREM®

Retrieved on: 
Wednesday, January 31, 2024

Capital Square joins an exclusive group of real estate management companies world-wide that have met the requirements to earn this distinction.

Key Points: 
  • Capital Square joins an exclusive group of real estate management companies world-wide that have met the requirements to earn this distinction.
  • "Capital Square is an investor-centric manager with an emphasis on tax-advantaged real estate investments," said Louis Rogers, founder and co-chief executive officer of Capital Square.
  • This is another major milestone in the growth and development of Capital Square as a leading manager of real estate investments."
  • Capital Square has overseen more than 170 individual properties for 135 investment offerings owned by over 6,500 investors nationwide.

EQS-News: North Peak Completes First Drill Hole at Diamond Mine on Prospect Mountain, Eureka; Downhole EM Survey Being Undertaken Shortly; Assay Results Pending

Retrieved on: 
Tuesday, January 30, 2024

Calgary, Alberta--(Newsfile Corp. - January 19, 2024) - North Peak Resources Ltd. (TSXV: NPR) (the "Company" or "North Peak") reports that it has drilled its first deep core hole at Prospect Mountain (the "Property") and that a BHEM survey is being undertaken to identify potential locations for further wedge drilling. This first hole NPR23-01 in Phase 1 of North Peak's program was 3,250 feet in length and targeted the roughly 2 kilometre conductive anomaly, located directly beneath the old oxide gold, silver, lead and zinc historical stopes of the Diamond Mine, as a result of geophysical surveys the Company carried out in the summer of 2023 (see the Company's October 27, 2023 press release).

Key Points: 
  • North Peak Completes First Drill Hole at Diamond Mine on Prospect Mountain, Eureka; Downhole EM Survey Being Undertaken Shortly; Assay Results Pending
    The issuer is solely responsible for the content of this announcement.
  • The drill pad was located at an operational optimal location, at the portal entrance to the Diamond mine.
  • The metal casing was left in the hole to allow for potential wedge holes that would be drilled following the completion of a downhole geophysical BHEM survey.
  • Samples for this first core hole have been submitted to ALS Laboratories and North Peak is awaiting the completion of the full multi-element results and expects results in the next few weeks.

Goldstorm Metals Discovers Multiple High-Grade Precious and Base Metal Zones on the 100 % Owned Crown Project, Located in Northwestern British Columbia, Canada

Retrieved on: 
Wednesday, January 24, 2024

The Program at Fairweather and Delta focused on prospecting newly exposed outcrops due to recent glacial ablation and building upon the historical discoveries made on the Property.

Key Points: 
  • The Program at Fairweather and Delta focused on prospecting newly exposed outcrops due to recent glacial ablation and building upon the historical discoveries made on the Property.
  • (See tables 1 and 2 below for select rock samples taken from the Fairweather and Delta zones).
  • This zone can be traced approximately 500 east-west by 200 m north-south and remains open in all directions.
  • Veining was associated with a large gossan colour anomaly measuring 600 x 200 m along a northwest axis.

International Lithium Files PEA Technical Report for Raleigh Lake Lithium Project - Outlines Highly Favourable After-Tax NPV (discounted at 8%) of CAD$342.9 million and After-Tax IRR of 44.3% p.a.

Retrieved on: 
Thursday, January 18, 2024

As originally foreshadowed, the very near proximity of Raleigh Lake to existing service infrastructure along the Trans-Canada Highway corridor affords significant logistical and economic advantages to the project.

Key Points: 
  • As originally foreshadowed, the very near proximity of Raleigh Lake to existing service infrastructure along the Trans-Canada Highway corridor affords significant logistical and economic advantages to the project.
  • The Company continues to investigate the potential value associated with the extraction of rubidium from the microcline zone within the spodumene deposit.
  • Economics (discounted at 8% p.a., CAD$)
    Pre-tax Cashflow = CAD$709.4 million, NPV = CAD$385.1 million, IRR = 46.5% p.a.
  • The SGS lab tests obtained 22.9 weight percentages of 6% Lithium Concentrate and estimated 81% lithium recovery
    A copy of The Report, "The Raleigh Lake Project, NI43-101 Technical Report - PEA," was filed on SEDAR on January 18, 2024.