25 documents
Artificial intelligence adoption in fintech enhances operational speed in credit scoring, insurance risk assessment, and fraud detection, but creates algorithmic opacity known as the black box dilemma.
According to international surveys by the Bank for International Settlements, about 70% of financial sector companies use AI for cash flow forecasting and risk assessment.
The Non-Compensatory Multimetric Framework (NCMF) is validated on 2 real technology initiatives of a leading insurance group [p.1].
The source material reports a dataset of 540 observations across Jalgaon district.
The European insurance sector relies on diversity across products, distribution channels, and providers to meet varied consumer and business needs.
The EU requires an additional €750–800 billion per year for the green and digital transitions, energy security, and modern infrastructure.
A cross-sectional survey of 615 adults across Nigeria's six geopolitical zones evaluated the determinants of insurance inclusion.
In 2022, global real premium growth contracted by −0.8% for general insurance and −3.8% for life insurance before recovering in 2023.
The Securities Holdings Statistics by Sector (SHSS) dataset provides granular coverage generally above well 90 percent for each euro area country analyzed.
In 2025, gross written premiums in Uzbekistan reached UZS 13.46 trillion, representing a year-on-year increase of 37.8%.
Microtakaful has developed as a Shariah-compliant protection mechanism across several Muslim-majority countries since 1997.
EUR bank bond supply is projected to reach €450bn in 2027, driven primarily by elevated redemptions across segments.
EIOPA issued a staff paper on 27 October 2026 introducing four building blocks to integrate behavioural science into conduct of business supervision.
The Financial Stability Board (FSB) identified 12 sound practices to help all financial institutions realise the benefits of AI while managing its risks responsibly.
The IMR review working group was established in 2024 to evaluate the implementation status of international financial reforms and recommend improvements to monitoring.
A stocktake conducted by the FSB gathered 126 modernisation efforts from 24 jurisdictions and 3 SSBs across various financial sectors and entity types.
According to KPMG, 71% of surveyed financial firms have deployed AI tools, with global banking sector AI spending estimated at USD 31.3 billion in 2024.
Heatwaves represent the dominant climate-related health risk in Europe, accounting for 97% of fatalities from weather- and climate-related extremes in the EU-27 since 1980.
In 2024, the Swiss financial sector directly generated a gross value added of CHF 73.2 Mrd. and supported 245’800 jobs (FTE).
More than 93 percent of the material requirement for the Swiss economy originates from primary materials rather than recycled sources.
Household insurance is the most widely owned policy type at 62%, followed by motor insurance at 57% and occupational pensions at 21%.
The Swiss insurance sector generated CHF 28.1 billion in direct gross value and managed investments totaling CHF 528 billion.
In March 2023, the European Commission committed to reducing reporting requirements by 25% to reduce red tape and strengthen European competitiveness.
BigTech firms invested over $2 billion in fintech companies in 2020, with Alphabet generating 23 fintech investments alone.
Switzerland's financial sector employs over 200,000 people and generates nearly ten per cent of the country's gross domestic product.
