What Are Reinsurance Recoverables?

Reinsurance recoverables are the amounts of money that an insurance company is owed by its reinsurers. This money is typically owed to the insurance company in the form of premiums that were paid by the insurance company to the reinsurer. Why reinsurance is necessary in insurance industry? Reinsurance is insurance for insurers. It is a … Read more

What is artificial intelligence, and how is it used?

What is Artificial Intelligence and How is it Used? What is AI for financial markets? The term “AI for financial markets” generally refers to the use of artificial intelligence (AI) technology to make investment decisions in financial markets. AI technology can be used to identify patterns in market data, make predictions about future market movements, … Read more