By William Nibbelin, Senior Research Actuary, Triple-I Insurance is priced to reflect the underlying risk of every policy. When more claims are filed and the average amount paid of those claims increases, insurance becomes more expensive. A measure of underwriting profitability for insurance carriers is the combined ratio calculated as losses and expense divided by … Read more
While the financial advice industry has transformed in many ways over the past several decades, one aspect that has remained relatively constant is the use of the Assets Under Management (AUM) fee model as a common way for many advisors to get paid. Though in practice, while a 1% AUM fee is a common ‘starting … Read more
The Hidden Costs of Ignoring Cybersecurity: How SMEs Can Thrive by Being Cyber-Resilient in 2024 Imagine this: a small manufacturing company, running smoothly for over 20 years, suddenly falls victim to a ransomware attack. Their operations grind to a halt, orders go unfulfilled, and within days, the cost of recovery exceeds their entire year’s profit … Read more
While many consumer lawyers are currently busy analysing the details of the opinion of AG Emiliou in Compass Banca case (C-646/22) (and we will add our own analysis of it in the coming days, too), on the same day (April 25) two judgments were issued by the CJEU clarifying the consequences of terms’ unfairness on restitution … Read more
While van insurance coverage is a authorized requirement within the UK, there are a variety of the way you’ll be able to cut back your coverage as a tradesman. Insurance coverage premiums for vans normally price a number of hundred kilos per 12 months, however it can save you cash in the event you comply … Read more
