Council for Scientific and Industrial Research

Best’s Special Report: Growth in Insurers’ Private Equity Investments Slowed Significantly in 2022

Retrieved on:

Monday, October 2, 2023

Insurance, Professional Services, Growth, AM Best, Council for Scientific and Industrial Research, Investment, News, ALL, Financial services

U.S. insurance companies’ private equity investments slowed in 2022, rising just 3.3% in 2022 to $132.0 billion, following a year of exceptional growth in the previous year, according to a new AM Best report.

Key Points:

U.S. insurance companies’ private equity investments slowed in 2022, rising just 3.3% in 2022 to $132.0 billion, following a year of exceptional growth in the previous year, according to a new AM Best report.
In its Best’s Special Report, titled, “Growth in Insurers’ Private Equity Investments Slowed Significantly in 2022,” AM Best states that life/annuity insurers, which account for three-quarters of the insurance industry’s private equity book adjusted/carrying value, were responsible for much of the $4.2 billion in growth.
“Low interest rates until 2021 resulted in record-breaking performance for private equity, providing an attractive option for insurers seeking higher yields.
Leveraged buyout funds (59.4%) accounted for most private equity investments by the insurance industry, and they suffered the most owing to economic headwinds.

Best’s Commentary: Impact of US Government Shutdown on Insurance Industry Will Depend on Duration

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Thursday, September 28, 2023

Insurance, Professional Services, Federal Emergency Management Agency, AM Best, NFIP, ALL, National Flood Insurance Program, Council for Scientific and Industrial Research, Treasury, Congress, Federal Housing Administration, FEMA, News

Historically, government shutdowns have been relatively brief, with the resulting economic impact being minor.

Key Points:

Historically, government shutdowns have been relatively brief, with the resulting economic impact being minor.
However, the Best’s Commentary, “Impact of US Government Shutdown on Insurance Industry Will Depend on Duration,” notes that the National Flood Insurance Program (NFIP), administered by the Federal Emergency Management Agency (FEMA), is up on Sept. 30.
“Closings on properties requiring flood insurance would be delayed, as would new Federal Housing Administration loans, which would impact property sales and purchases of property insurance and title insurance,” said Christopher Graham, senior industry analyst, Industry Research and Analytics, AM Best.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Best’s Commentary: Convective Storms Create Difficulties in Diversifying Insurer Portfolios

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Thursday, July 27, 2023

Banking, Professional Services, Insurance, Finance, AM Best, ALL, Council for Scientific and Industrial Research, Tornado, Hurricane season, Data, News, State Farm, Reinsurance, Property insurance

The Best’s Commentary, “Convective Storms Create Difficulties in Diversifying Portfolios,” notes that insurers and reinsurers rely on geographic diversification in underwriting to maintain a stable, profitable portfolio.

Key Points:

The Best’s Commentary, “Convective Storms Create Difficulties in Diversifying Portfolios,” notes that insurers and reinsurers rely on geographic diversification in underwriting to maintain a stable, profitable portfolio.
However, this is proved more difficult in recent years given the growing number of convective storms, along with the increased intensity of these storms, and the wider geographic areas where storms are occurring.
The commentary notes that this is unsurprising as national insurers cover most of the property business written in states countrywide, diversifying their portfolios by doing so.
At the same time, convective storms through June 2023 have been larger than those seen in first-half 2022.

Best’s Market Segment Report: Workers’ Compensation Remains a Profit Engine for U.S. Property/Casualty Insurance Industry

Retrieved on:

Tuesday, July 18, 2023

Professional Services, Insurance, Finance, Medicine, Growth, Unemployment, AM Best, Council for Scientific and Industrial Research, News, ALL, DPW

The Best’s Market Segment Report, “Workers’ Compensation Remains a Profit Engine for the P/C Industry,” notes that favorable prior year loss reserve development continued to bolster the insurance industry’s carried loss reserve position in 2022, owing to the long-term declines in claims frequency.

Key Points:

The Best’s Market Segment Report, “Workers’ Compensation Remains a Profit Engine for the P/C Industry,” notes that favorable prior year loss reserve development continued to bolster the insurance industry’s carried loss reserve position in 2022, owing to the long-term declines in claims frequency.
The workers’ compensation segment has experienced a softer market compared with other commercial lines of coverage, particularly auto and general liability.
The higher payroll exposure base for workers’ compensation insurance kept the increase in claim severity manageable.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Marc Chaikin Prediction 2023 Event: Rare New Investment for 2023?

Retrieved on:

Friday, November 11, 2022

Get the full details from Marc Chaikin on Tuesday morning, November 15th at 10 a.m. Eastern time.

Key Points:

Get the full details from Marc Chaikin on Tuesday morning, November 15th at 10 a.m. Eastern time.
Marc Chaikin is holding a free special event to make the biggest new prediction of his 50-year career.
During Prediction 2023 event Chaikin will talk how you could triple your savings by depositing it into a new vehicle 50 years in the making.
You will learn why on November 15th at 10 a.m.
Should you attend Marc Chaikins Prediction 2023 event?

Fitch Group Announces Agreement To Acquire dv01

Retrieved on:

Tuesday, September 13, 2022

Fitch Group, a global leader in financial information services, today announced an agreement to acquire a majority stake in dv01 , a data and analytics provider to the structured finance market.

Key Points:

Fitch Group, a global leader in financial information services, today announced an agreement to acquire a majority stake in dv01 , a data and analytics provider to the structured finance market.
dv01 will operate as a subsidiary of Fitch Solutions, a division of Fitch Group.
The transaction is the latest in a series of acquisitions by Fitch Group as it expands its offerings.
Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research, and Fitch Solutions, a leading provider of data, research and analytics.

Global Lithium Niobate Modulator Market Expected to Garner $6,542.6 Million by 2030, Growing at 6.74% CAGR from 2022-2030 [225-Pages] | Research Dive

Retrieved on:

Friday, July 1, 2022

NEW YORK, July 1, 2022 /PRNewswire/ -- Research Dive has added a new report to its offering titled, "Lithium Niobate Modulator Market by Type (10 GHz, 20 GHz, 40 GHz, and Others), Wavelength Window (800 NM, 1060 NM, 1300 NM, 1550 NM, and Others), Application (Phase Keyed Optical Communications, Spectrum Broadening, Interferometric Sensing, Quantum Key Distribution, and Others), End-use (IT & Telecom, Aerospace & Defense, Industrial, Research, and Others), and Regional Analysis (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2022–2030".

Key Points:

As per the report, the global lithium niobate modulator market is predicted to grow at a stable CAGR of 6.74% in the 2022-2030 timeframe, thereby garnering $6,542.6 million by 2030.
This increasing demand is expected to boost the lithium niobate modulator market in the 2022-2030 timeframe.
Opportunities:The growing adoption of 5G technology is expected to provide huge growth opportunities to the lithium niobate modulator market in the forecast period.
By regional analysis, the lithium niobate modulator market in North America region is expected to be the most dominant and generate $2,492.7 million in 2030.

Global Lithium Niobate Modulator Market Expected to Garner $6,542.6 Million by 2030, Growing at 6.74% CAGR from 2022-2030 [225-Pages] | Research Dive

Retrieved on:

Friday, July 1, 2022

NEW YORK, July 1, 2022 /PRNewswire/ -- Research Dive has added a new report to its offering titled, "Lithium Niobate Modulator Market by Type (10 GHz, 20 GHz, 40 GHz, and Others), Wavelength Window (800 NM, 1060 NM, 1300 NM, 1550 NM, and Others), Application (Phase Keyed Optical Communications, Spectrum Broadening, Interferometric Sensing, Quantum Key Distribution, and Others), End-use (IT & Telecom, Aerospace & Defense, Industrial, Research, and Others), and Regional Analysis (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2022–2030".

Key Points:

As per the report, the global lithium niobate modulator market is predicted to grow at a stable CAGR of 6.74% in the 2022-2030 timeframe, thereby garnering $6,542.6 million by 2030.
This increasing demand is expected to boost the lithium niobate modulator market in the 2022-2030 timeframe.
Opportunities:The growing adoption of 5G technology is expected to provide huge growth opportunities to the lithium niobate modulator market in the forecast period.
By regional analysis, the lithium niobate modulator market in North America region is expected to be the most dominant and generate $2,492.7 million in 2030.

The Worldwide Synthetic Biology Industry is Expected to Reach $37.8 Billion by 2028 - ResearchAndMarkets.com

Retrieved on:

Tuesday, May 31, 2022

The global synthetic biology market is expected to grow from US$ 10,544.16 million in 2021 to US$ 37,850.85 million by 2028; it is estimated to grow at a CAGR of 20.0% from 2021 to 2028.

Key Points:

The global synthetic biology market is expected to grow from US$ 10,544.16 million in 2021 to US$ 37,850.85 million by 2028; it is estimated to grow at a CAGR of 20.0% from 2021 to 2028.
The report highlights trends prevailing in the synthetic biology market and factors driving its growth.
The increasing investments in synthetic biology and the rising number of start-ups are driving the market growth.
Synthetic biology is the science of designing, altering, and building simple organisms to perform specific therapeutic or industrial utilities.

Frankfurt Listed Labat Africa, strengthens it cannabis business value chain

Retrieved on:

Tuesday, April 5, 2022

Brian van Rooyen, Labats Group Chief Executive, said the agreement will solidify co-operation between the CSIR and Labat across the value chain of cannabis and hemp production for industries ranging from pharmaceuticals to textiles.

Key Points:

Brian van Rooyen, Labats Group Chief Executive, said the agreement will solidify co-operation between the CSIR and Labat across the value chain of cannabis and hemp production for industries ranging from pharmaceuticals to textiles.
The CSIR wants to commercialise medicinal cannabis and gain traction on the industrial side of hemp production and processing.
Van Rooyen added that by industrialising cannabis and hemp production, Labat will be able to meet global demands.
We want to be involved in almost every part of the cannabis value chain, from genetics to retail and dispensary, says Herschel Maasdorp, Labats Group Executive for Business Development.