Forecasts have suggested that market dynamics are changing and that the private equity is poised to expand at an annualized growth rate of 12.8% to double in AUM from $5.8T in 2023 to $12T by 2029, achieving that goal will require a fundamental re-think of the traditional private equity business model. The total value of … Read more
Unfortunately, while the car is quicker than the original model, the software isn’t. The overall experience is somewhat sluggish, especially when moving through the navigation system. Even the regen meter on the digital gauge cluster doesn’t change until a good half-second after you’ve pressed the brake pedal, an unfortunate place for lag. The Urus SE … Read more
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
A joint study by SecurityScorecard and KPMG found that 90% of companies in the energy sector that sustained multiple breaches had security issues caused by third-party vendors. In collecting data on the 250 largest energy companies, SecurityScorecard and KPMG found that third-party risk drives 45% of breaches in the U.S. energy sector — a number … Read more
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Chinese artificial intelligence companies are driving down costs to create competitive models, as they contend with US chip restrictions and smaller budgets than their Western counterparts. Start-ups such as 01.ai and DeepSeek have reduced prices … Read more
