Friday, October 14, 2022

Insurance in times of crisis: Survey shows growing mistrust of insurance industry



Issued on: 14/10/2022 – 10:43

Insurance coverage insurance policies are indispensable for many shoppers and companies all over the world. However with the price of dwelling hovering, so has the worth of insurances. A survey of households in the US and Europe suggests almost half of them have seen their insurance coverage premiums go up within the final yr, however almost eight in 10 have nonetheless caught with their present insurance policies. 

1 / 4 of these surveyed say they aren’t assured their insurer would pay out a declare – whereas a 3rd say they’ve skilled that drawback first hand. Kate Moody spoke to Julian Teicke, Founder and CEO of Wefox, the insur-tech firm that produced that survey.

Checks, money, and even bank cards are more and more a factor of the previous in Cambodia. In 2020, the central financial institution launched a nation-wide digital funds platform, referred to as the Bakong. The aim was to allow sooner and safer monetary transactions, and contribute to financial growth. However is it working? Our correspondents Juliette Buchèze and François Kampss have this report. 

And eventually, we carry you to Italy. Cruising by means of the canals of Venice on a water bus is a time-honored custom…one that’s now a bit greener. The vaporetti – as soon as run on steam, then on diesel – is now being powered by biodiesel…developed from cooking oil that’s collected from the town’s eating places. 



Originally published at Gold Coast News HQ

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