Earthquake

Visa Foundation Helps To Uplift More Than Four Million SMBs

Retrieved on: 
Wednesday, March 20, 2024

As Visa’s corporate foundation, Visa Foundation partners with local organizations to invest in primarily women-owned small- and micro-businesses (SMBs), creating ripple effects for the entrepreneurs and their employees, and the customers and communities they serve.

Key Points: 
  • As Visa’s corporate foundation, Visa Foundation partners with local organizations to invest in primarily women-owned small- and micro-businesses (SMBs), creating ripple effects for the entrepreneurs and their employees, and the customers and communities they serve.
  • Visa Foundation advances financial inclusion by providing SMB owners with digital and financial education and catalytic financing to women-owned SMBs, by investing in women-led funds.
  • “Over the past six years, Visa Foundation has become an enabler of economic mobility,” said Kelly Mahon Tullier, Visa Foundation Board Chair.
  • Through Visa Foundation Matches, Visa employees have helped raise more than $16 million in total donations.

California’s Regulatory Restrictions Contribute to Risk Crisis

Retrieved on: 
Thursday, March 14, 2024

Trends and Insights: California’s Risk Crisis , examines this changing risk environment and the impact of Proposition 103 – a three-decades-old measure that has made it hard for insurers to profitably write coverage in the state.

Key Points: 
  • Trends and Insights: California’s Risk Crisis , examines this changing risk environment and the impact of Proposition 103 – a three-decades-old measure that has made it hard for insurers to profitably write coverage in the state.
  • In a dynamically evolving risk environment that includes earthquakes, drought, wildfire, landslides, and, in recent years, flooding due to “atmospheric rivers,” Proposition 103 and its regulatory implementation have prevented insurers from using the most current data and advanced modeling technologies.
  • Public discourse often frames the risk crisis as an “insurance crisis” – conflating cause with effect, Triple-I’s Issues Brief noted.
  • California’s Proposition 103 and the federal National Flood Insurance Program before its Risk Rating 2.0 reforms are just two examples, according to Triple-I.

LiveCareer Survey Finds 43% of Workers More Afraid of Returning to the Office Than Getting Divorced

Retrieved on: 
Tuesday, April 2, 2024

GUAYNABO, Puerto Rico, April 2, 2024 /PRNewswire-PRWeb/ -- LiveCareer®, a career service dedicated to resumes and cover letters, surveyed 3,853 U.S.-based workers in mid-February 2024 to investigate how much value workers truly place on remote and hybrid work arrangements and why the experience of remote work is so compelling.

Key Points: 
  • According to LiveCareer's Fears & Remote Work Report , respondents expressed a deep-seated fear of returning to the office full-time.
  • In fact, 43% of workers say they are more afraid of having to work in an office full-time than they are of losing their romantic relationship or getting a divorce.
  • 41% said they are more afraid of working in an office full-time for the rest of their life than natural disasters (e.g., earthquakes, hurricanes).
  • More than one-third (34%) are more afraid of working in an office full-time for the rest of their life than having $10,000 stolen.

Mercury Insurance Shares 4 Ways to Achieve Financial Empowerment in 2024

Retrieved on: 
Friday, March 29, 2024

LOS ANGELES, March 29, 2024 /PRNewswire/ -- Finances are consistently a top concern for many Americans, with "saving money" among the top 10 most common New Year's resolutions. This year, Americans are more concerned than ever due to the uncertainty created by high inflation, rising interest rates, lack of income growth and dwindling savings. According to investment research site YCharts, the U.S. personal savings rate for January 2024 was 3.8% versus 19.3% in January 2021, a 15.5% drop in just three years. 

Key Points: 
  • "Saving money is more than just putting spare change into a coffee can, or simply ordering takeout less often," said Sam Jarman, Financial Expert and Mercury Content Partner.
  • It's vitally important to make sure you have the right amount of auto insurance coverage to protect against unforeseen events."
  • "Often, regional insurers like Mercury Insurance are more attuned to their policyholders' needs and can offer better rates," Jarman added.
  • The most effective way to make sure your finances are minimally impacted by insurance costs in 2024 is to speak to an independent insurance agent.

EBRD to provide €30 million of long-term financing to Rönesans Gayrimenkul Yatırım to support regions affected by 2023 earthquakes

Retrieved on: 
Thursday, March 28, 2024

ISTANBUL, March 28, 2024 /PRNewswire/ -- The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of € 30 million to Rönesans Gayrimenkul Yatırım A.Ş (Rönesans Real Estate Investment) subsidiary of Rönesans Holding, one of Europe's leading contracting and investment companies.

Key Points: 
  • Rönesans Gayrimenkul Yatırım (RGY) is the commercial real estate development and investment company of Rönesans Holding.
  • The loan will finance the support capex of Kahramanmaraş and Şanlıurfa Piazza Shopping Centres and will be backed by a guarantee from the European Union.
  • I believe that our partnership will contribute to the ongoing recovery efforts in the earthquake-affected region, as part of our efforts to implement impactful projects to mitigate the effects of earthquakes."
  • The business has continued to support the relief and recovery efforts, launching additional programs to support the education and mental health of those affected by the earthquakes in recent months.

EBRD to provide €30 million of long-term financing to Rönesans Gayrimenkul Yatırım to support regions affected by 2023 earthquakes

Retrieved on: 
Thursday, March 28, 2024

ISTANBUL, March 28, 2024 /PRNewswire/ -- The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of € 30 million to Rönesans Gayrimenkul Yatırım A.Ş (Rönesans Real Estate Investment) subsidiary of Rönesans Holding, one of Europe's leading contracting and investment companies.

Key Points: 
  • Rönesans Gayrimenkul Yatırım (RGY) is the commercial real estate development and investment company of Rönesans Holding.
  • The loan will finance the support capex of Kahramanmaraş and Şanlıurfa Piazza Shopping Centres and will be backed by a guarantee from the European Union.
  • I believe that our partnership will contribute to the ongoing recovery efforts in the earthquake-affected region, as part of our efforts to implement impactful projects to mitigate the effects of earthquakes."
  • The business has continued to support the relief and recovery efforts, launching additional programs to support the education and mental health of those affected by the earthquakes in recent months.

Ping An Named Brand Finance's Most Valuable Insurance Brand in the World for the 8th Consecutive Year, with Brand Value Up 4.2%

Retrieved on: 
Tuesday, March 26, 2024

It is poised to seize new growth opportunities with its one-stop "integrated finance + healthcare and elderlycare" service framework and "worry-free, time-saving, and money-saving" experience for customers.

Key Points: 
  • It is poised to seize new growth opportunities with its one-stop "integrated finance + healthcare and elderlycare" service framework and "worry-free, time-saving, and money-saving" experience for customers.
  • As of the end of 2023, Ping An recorded 232 million retail customers, of which nearly 64% used services from the healthcare and elderlycare ecosystem.
  • Customers entitled to service benefits in the healthcare and elderlycare ecosystem accounted for more than 73% of Ping An's new business value (NBV).
  • Ping An is striving to become a world-leading integrated financial, healthcare and elderlycare sevices provider under a people-centered and customer needs-oriented approach.

Ping An Named Brand Finance's Most Valuable Insurance Brand in the World for the 8th Consecutive Year, with Brand Value Up 4.2%

Retrieved on: 
Tuesday, March 26, 2024

It is poised to seize new growth opportunities with its one-stop "integrated finance + healthcare and elderlycare" service framework and "worry-free, time-saving, and money-saving" experience for customers.

Key Points: 
  • It is poised to seize new growth opportunities with its one-stop "integrated finance + healthcare and elderlycare" service framework and "worry-free, time-saving, and money-saving" experience for customers.
  • As of the end of 2023, Ping An recorded 232 million retail customers, of which nearly 64% used services from the healthcare and elderlycare ecosystem.
  • Customers entitled to service benefits in the healthcare and elderlycare ecosystem accounted for more than 73% of Ping An's new business value (NBV).
  • Ping An is striving to become a world-leading integrated financial, healthcare and elderlycare sevices provider under a people-centered and customer needs-oriented approach.

Natural Disaster Detection IoT Market Projected to Reach $37.32 billion by 2030 - Exclusive Report by 360iResearch

Retrieved on: 
Wednesday, March 20, 2024

The growth of the natural disaster detection IoT sector is propelled by breakthroughs in sensor technology, machine-to-machine communications, and an increase in governmental investments to bolster disaster preparedness.

Key Points: 
  • The growth of the natural disaster detection IoT sector is propelled by breakthroughs in sensor technology, machine-to-machine communications, and an increase in governmental investments to bolster disaster preparedness.
  • The key players in the Natural Disaster Detection IoT Market include Nokia Corporation, Eaton Corporation PLC, NEC Corporation, Telefonaktiebolaget LM Ericsson, International Business Machines Corporation, and others.
  • We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Natural Disaster Detection IoT Market.
  • "Dive into the Natural Disaster Detection IoT Market Landscape: Explore 184 Pages of Insights, 568 Tables, and 24 Figures"

Natural Disaster Detection IoT Market Projected to Reach $37.32 billion by 2030 - Exclusive Report by 360iResearch

Retrieved on: 
Wednesday, March 20, 2024

The growth of the natural disaster detection IoT sector is propelled by breakthroughs in sensor technology, machine-to-machine communications, and an increase in governmental investments to bolster disaster preparedness.

Key Points: 
  • The growth of the natural disaster detection IoT sector is propelled by breakthroughs in sensor technology, machine-to-machine communications, and an increase in governmental investments to bolster disaster preparedness.
  • The key players in the Natural Disaster Detection IoT Market include Nokia Corporation, Eaton Corporation PLC, NEC Corporation, Telefonaktiebolaget LM Ericsson, International Business Machines Corporation, and others.
  • We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Natural Disaster Detection IoT Market.
  • "Dive into the Natural Disaster Detection IoT Market Landscape: Explore 184 Pages of Insights, 568 Tables, and 24 Figures"