February 22, 2024
By Earnix Team
Let's take a closer look at five additional topics and statistics, following our annual research report, “Insurance Operations in a Changing Industry,” which is based on survey results from nearly 400 global insurance executives.
February 20, 2024
By Sean Johnson
During the recent Q4 2023 earnings season, major lenders faced questions and challenges related to reduced NII (Net Interest Income). Lenders are feeling the pressure of increased borrowing costs, leading to less-than-desired profits. To top it all off, many indications are predicting that interest rates are likely to continue to fluctuate in the new year.
February 14, 2024
Some of the top challenges experienced by the auto finance companies worldwide – such as declining loan profitability, compliance and audit issues, rigid pricing structures, and difficulty forecasting pricing scenarios and outcomes – can and should be addressed by a modern pricing analytics engine like Earnix Price-It.
February 12, 2024
Many insurers are now getting back on track after suffering some of the worst years in their history. Rate increases are also expected to play a role, especially for home insurance premiums. In 2024, many insurers are planning to increase national premiums in the low double digits. These gains can come at the cost of real pains for home and auto insurance customers. Policyholders will now face much higher, even exponential prices for home and auto insurance.
February 7, 2024
With seemingly optimistic conditions ahead, 2024 could be the year insurers get back on track. As they do, we predict they’ll take advantage of the following trends and technology developments.
February 1, 2024
By Reuven Shnaps PhD
As 2023 fades from view and 2024 comes into focus, Reuven Shnaps, Earnix Chief Analytics Officer, takes a step back to assess where pricing, rating, and underwriting stand today, and where they may be headed.