Fintech PR
Catastrophe Insurance Market Projected to Reach $211.60 billion by 2030 – Exclusive Report by 360iResearch
PUNE, India, March 22, 2024 /PRNewswire/ — The report titled “Catastrophe Insurance Market by Type (Catastrophic Health Insurance, Earthquake Insurance, Flood Insurance), Catastrophe Type (Man-made Events, Natural Disasters), Coverage, Providers – Global Forecast 2024-2030“ is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $156.56 billion in 2023 to reach $211.60 billion by 2030, at a CAGR of 4.39% over the forecast period.
“Navigating the Future with Enhanced Catastrophe Insurance: A Global Perspective on Risk Mitigation and Recovery“
In the ever-evolving global risk landscape, catastrophe insurance stands as a pivotal safeguard, offering comprehensive protection to individuals and organizations against the financial devastations elaborated by unpredictable, large-scale events. These include natural calamities such as earthquakes, floods, hurricanes, and man-made disasters such as terrorist attacks. The significance of catastrophe insurance is deeply rooted in its capability to buffer financial shocks for both insurers and the insured, facilitating swift restoration and stability in the consequences of a disaster. The demand for these insurance solutions is intensifying, driven by the increasing frequency and severity of natural disasters attributed to climate change, rapid urbanization, and the escalating value of assets in areas vulnerable to such catastrophes. Although challenges such as the complexity of accurately pricing policies in an era of climate uncertainty exist, advancements in technology for risk assessment and the development of inclusive, multi-peril coverage options are paving the way forward. Different geographic regions exhibit varying demands and responses to catastrophe insurance. In the Americas, recurring hurricanes and wildfires have led to a surge in insurance uptake, while in the European Union, recent natural disasters have spurred a heightened demand for more robust coverage. Further, the Asia-Pacific region, particularly Japan and China, is experiencing significant market growth due to heightened awareness and regulatory encouragement toward disaster-risk insurance. This global overview underscores the critical role of catastrophe insurance in fostering resilience and continuity in the face of adversity, forecasting a proactive approach toward mitigating risks and securing futures in uncertain times.
Download Sample Report @ https://www.360iresearch.com/library/intelligence/catastrophe-insurance
“Climate Change Escalates Catastrophe Risk, Underscoring the Urgent Need for Adaptation and Insurance Solutions“
The increasing severity and frequency of catastrophic events are closely linked to the pace of climate change triggered by the ongoing accumulation of greenhouse gases in the Earth’s atmosphere. This alarming shift in the environment exacerbates natural disasters’ likelihood and intensity by driving global temperatures upwards and causing sea levels to rise, critically disrupting ecosystems. As the planet warms, extreme weather phenomena, including intensifying heatwaves, extended dry spells, and, consequently, heightened wildfire dangers, become more common. Simultaneously, the higher moisture content in warmer air precipitates heavier rainfall, heightening flood risks. Moreover, the melting of polar ice caps and the thermal expansion of the oceans contribute to the increase in sea level, elevating coastal flooding risks and intensifying the destructive power of hurricanes and typhoons. Such climatic aberrations threaten biodiversity and ecosystems, leading to habitat loss and heightening certain regions’ susceptibility to natural disasters. Coupled with changes in land use and rampant deforestation, these climatic changes alter global risk profiles significantly, thereby accelerating the need for comprehensive catastrophe insurance solutions. This reality brings to the forefront the critical importance of adaptive measures and insurance as imperative mechanisms for mitigating the impacts of climate-induced catastrophes.
“Navigating the Unpredictable: The Vital Role of Specialized Catastrophe Insurance in Modern Risk Management“
In an unpredictable world, catastrophic health insurance emerges as a pivotal safeguard, targeting primarily younger individuals and those with adequate financial reserves for handling routine healthcare costs. This insurance option offers lower monthly premiums and high deductibles, focusing on protecting against substantial medical expenses resulting from emergencies. Beyond healthcare, the landscape of specialized insurance extends to cover many natural and human-made disasters. Earthquake insurance provides indispensable coverage for seismic events, filling the gap left by standard homeowners’ policies, while flood insurance, critical for those in flood-prone zones, steps in where regular insurance steps back, offering protection for both structures and contents against water damage. The emergence of pandemic insurance, accelerated by recent global health crises, underscores the need for businesses to shield themselves against losses from widespread disease outbreaks, ensuring operational continuity and safeguarding employee welfare. Similarly, storm insurance offers redemption in the face of damage from severe weather conditions, including wind and hail. In contrast, terrorism insurance responds to the financial implications of terrorist activities for businesses in high-risk areas. Volcano insurance, though less common, provides coverage for those in the vicinity of potential eruptions, protecting against unique geological threats. Together, these specialized insurance products form a comprehensive risk management framework crucial for navigating the diverse and unforeseen challenges of the modern world with confidence and resilience.
Request Analyst Support @ https://www.360iresearch.com/library/intelligence/catastrophe-insurance
“American International Group, Inc. at the Forefront of Catastrophe Insurance Market with a Strong 11.92% Market Share“
The key players in the Catastrophe Insurance Market include The Cigna Group, Chubb Group of Companies, Swiss Re Ltd., American International Group, Inc., Marsh & McLennan Companies, Inc., and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Catastrophe Insurance Market“
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Catastrophe Insurance Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Catastrophe Insurance Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
Ask Question to ThinkMi @ https://app.360iresearch.com/library/intelligence/catastrophe-insurance
“Dive into the Catastrophe Insurance Market Landscape: Explore 189 Pages of Insights, 384 Tables, and 24 Figures“
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Catastrophe Insurance Market, by Type
- Catastrophe Insurance Market, by Catastrophe Type
- Catastrophe Insurance Market, by Coverage
- Catastrophe Insurance Market, by Providers
- Americas Catastrophe Insurance Market
- Asia-Pacific Catastrophe Insurance Market
- Europe, Middle East & Africa Catastrophe Insurance Market
- Competitive Landscape
- Competitive Portfolio
Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/catastrophe-insurance
Related Reports:
- Life Insurance Market – Global Forecast 2024-2030
- Logistics Insurance Market – Global Forecast 2024-2030
- Health Insurance Market – Global Forecast 2024-2030
About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Logo: https://mma.prnewswire.com/media/2359256/360iResearch_Logo.jpg
Contact 360iResearch
Mr. Ketan Rohom
360iResearch Private Limited,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India – 411014.
Email: [email protected]
USA: +1-530-264-8485
India: +91-922-607-7550
To learn more, visit 360iresearch.com or follow us on LinkedIn, Twitter, and Facebook.
View original content:https://www.prnewswire.co.uk/news-releases/catastrophe-insurance-market-projected-to-reach-211-60-billion-by-2030—exclusive-report-by-360iresearch-302096923.html
NEW YORK, Jan. 2, 2025 /PRNewswire/ — In a dynamic and increasingly complex business environment, small businesses across the USA are experiencing a growing need for expert financial management solutions. Bookkeeping in USA, a critical yet often overlooked business function, is proving essential for companies striving to stay competitive, compliant, and efficient.
Recent studies highlight the importance of tailored bookkeeping solutions to address challenges such as fluctuating tax laws, rising operational costs, and stringent compliance requirements. The demand for professional bookkeeping services in USA has surged, showcasing their role in fostering small business resilience and growth.
Click here: Get 50% Off and Simplify Your Bookkeeping USA
The Role of Bookkeeping in Small Business Success
Bookkeeping in USA offers small business owners’ clarity and control over their financial health. As the business landscape evolves, it is becoming a strategic necessity rather than just a support function. Challenges like tax compliance, cash flow management, and accurate financial reporting require dedicated expertise, which many small business owners find daunting to handle independently.
Insights from Industry Experts
“Small businesses are the backbone of our economy, and they deserve tools that empower them to succeed,” says Ajay Mehta, CEO of IBN Technologies. “Bookkeeping services enable entrepreneurs to focus on their strengths while ensuring their financial bases are secure.”
IBN Technologies has positioned itself as a leader in this space, offering streamlined bookkeeping services that align with industry standards and leverage cutting-edge technology. The company’s solutions are designed to help businesses avoid costly financial missteps, manage cash flow effectively, and maintain compliance with ever-changing regulations.
Modernizing Bookkeeping with Technology
The adoption of cloud-based bookkeeping solutions marks a transformative step forward for small businesses. Real-time access to financial data, enhanced security, and seamless collaboration between business owners and financial experts have made these tools indispensable. IBN Technologies integrates state-of-the-art technology into its services, ensuring clients can monitor their finances anytime, anywhere.
Addressing Tax Compliance and Financial Challenges
One of the most significant challenges for small businesses in the USA is navigating the complex web of federal and state tax laws. IBN Technologies specializes in offering tax-ready to serve bookkeeping in USA that not only mitigate the risk of audits but also identify potential tax savings. This dual approach has enabled many businesses to achieve better financial outcomes while reducing stress.
About IBN Technologies
IBN Technologies LLC, an outsourcing specialist with 25 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, CMMI-5, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive efficiency and growth.
Contact Details:
Pradip
[email protected]
+1 – 844 – 644 – 8440
USA:
IBN Technologies LLC
66 West Flagler Street Suite 900 Miami, FL 33130
India: Global Delivery Centre
IBN Technologies Limited
Kohinoor House, 2nd floor,
691/A/1B, Plot no. 7,
Bibwewadi Road, Pune-411037
Logo: https://mma.prnewswire.com/media/2581946/IBN_Technologies_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bookkeeping-in-usa-empower-business-growth-and-success-with-ibn-technologies-302341224.html
Fintech PR
CUBE COMPLETES ACQUISITION OF THOMSON REUTERS REGULATORY INTELLIGENCE AND ODEN BUSINESSES
- Acquisition delivers an expanded customer base with a deep global subject matter expertise network that further powers CUBE’s RegBrain AI across its industry proven SaaS RegPlatform™
- CUBE continues to see strong organic customer growth in its well-established enterprise sector whilst also accelerating growth across the mid-market sector
- 2024 was a year of strategic milestones for CUBE including the partnership with Hg, expanding its global footprint across six main hubs, the acquisition of Reg-Room and Thomson Reuters Regulatory Intelligence and Oden businesses, together with pivotal board and executive appointments
LONDON, Jan. 2, 2025 /PRNewswire/ — CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), has today formally announced the completion of its acquisition of the Thomson Reuters Regulatory Intelligence and Oden businesses on 31 December 2024.
The acquisition of these global businesses is another step forward in CUBE’s growth plans as a leader in regulatory intelligence. It will supplement and enhance CUBE’s ability to deliver significant scale across many of the world’s leading and systemically important financial institutions. CUBE’s global customer base will expand to total approximately 1,000 customers in banking, insurance, asset and investment management, payments and adjacent regulated industries.
CUBE’s Founder and CEO, Ben Richmond, said: “The completion of this acquisition is a major milestone for CUBE in a year that has seen many important milestones including our strategic partnership with Hg, the acquisition of Reg-Room, and the acquisition of Thomson Reuters Regulatory Intelligence and Oden businesses.”
“Thomson Reuters is best known in the industry for providing regulatory analysis and subject matter expertise combined with world-leading journalism and news,” said Ben Richmond. “The powerful combination of CUBE’s AI and the years of human generated content curated by Thomson Reuters Regulatory Intelligence and Oden subject matter experts sets us apart in the industry. This new dimension at CUBE will accelerate innovation and drive further growth and opportunity in 2025 and beyond.”
Following the announcement of its strategic partnership with Hg in March 2024, CUBE has now completed two transformational US-based acquisitions across three businesses whilst continuing to assemble a highly experienced executive team. CUBE’s continued impressive growth saw its presence in the enterprise sector surpassing 200 customers and now represents around 40% of Tier 1 financial institutions globally. In the mid-market sector, serving small and medium sized enterprises, CUBE now has near 800 customers.
With this growth CUBE solidified its global footprint by establishing offices across its six main hubs focused on customer support and implementation; with the number of employees at CUBE doubling to near 700 and a comparable increase in the number of countries where CUBE’s employees are located, which now totals 15 countries.
Ben Richmond said: “We are excited to welcome all of our new colleagues to CUBE – 2025 promises to be yet another significant year for the business as we continue to deliver further innovation focused on automating regulatory compliance and risk management for our customers.”
The definitive agreement was originally announced in May 2024 and terms were not disclosed.
Logo – https://mma.prnewswire.com/media/2589617/CUBE_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/cube-completes-acquisition-of-thomson-reuters-regulatory-intelligence-and-oden-businesses-302341226.html
VICTORIA, Seychelles, Jan. 2, 2025 /PRNewswire/ — In a significant leap forward for digital commerce, KuCoin has unveiled KuCoin Pay, a pioneering merchant solution designed to catalyze business growth by integrating crypto payments into the retail sector. This innovative system bridges the gap between traditional retail and crypto, offering contactless and borderless transactions. Leveraging KuCoin’s robust infrastructure—trusted globally and serving over 37 million+ users – KuCoin Pay is poised to open new opportunities for merchants and users to thrive in the evolving digital economy.
KuCoin Pay is committed to reducing transaction fees and facilitating immediate settlement of crypto payments, simplifying the process for businesses to manage transactions efficiently. The platform supports an extensive range of cryptocurrencies and blockchain networks, significantly broadening the global reach of payments.
The process for merchants is straightforward: integrate KuCoin Pay into their payment systems, allowing customers to complete purchases through KuCoin by scanning a QR code or via the KuCoin app. This integration ensures a frictionless checkout experience, fostering greater consumer confidence and satisfaction.
Additionally, KuCoin Pay is integrated within the KuCoin app, enabling businesses to tap into KuCoin’s extensive user base while simplifying the buying process for everyday items for users. Daily requests such as gift cards and mobile top-ups can be done seamlessly, further promoting widespread crypto adoption.
KuCoin Pay represents a major milestone in driving the mainstream adoption of crypto and marks a pivotal step in KuCoin’s ongoing commitment to enriching the blockchain ecosystem. For more information on KuCoin Pay and how it can transform your business, please visit the KuCoin Pay website.
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.
Logo – https://mma.prnewswire.com/media/2356857/KuCoin_Horizontal_Green_LOGO_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/kucoin-launches-kucoin-pay-a-merchant-solution-leading-the-future-of-crypto-payments-302341049.html
-
Fintech PR6 days agoXinhua Silk Road: Conference on deepening financial openness and co-op in Northeast Asia held in NE. China’s Shenyang
-
Fintech PR6 days agoBybit Web3 Wallet Integrates Tonstakers: The First of Its TON Staking Offerings to Expand DeFi Opportunities
-
Fintech PR7 days agoNodepay Raises $7M Total Funding To Power AI Growth with Real-Time Data Infrastructure
-
Fintech PR7 days agoBingX Introduces ALTCOIN Index Futures Trading: One Click, Countless Trends
-
Fintech PR6 days agoStrictly Money Launches Crowdcube Campaign, Inviting European Investors to Fuel its Growth Journey
-
Fintech PR7 days agoSM approaches 2025 with cautious optimism
-
Fintech PR6 days agoYaber Achieves 100% YOY Sales Growth during Black Friday and Gears Up for CES 2025
-
Fintech PR2 days agoOutsourced Accounting Service: The New Standard for Business Finance Industry