A massive fire at E-Land World’s Cheonan logistics center threatens major Korean pension funds, banks, and insurers, with reinsurance firms facing the largest potential losses as insurance payouts are expected to be delayed.
#YonhapInfomax #ELandWorld #LogisticsCenterFire #PensionFunds #InsurancePayout #KoreaDevelopmentBank #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=91502
Cheonan Logistics Center Fire the Size of 27 Soccer Fields—Implications for the Financial Sector
A massive fire at E-Land World’s Cheonan logistics center threatens major Korean pension funds, banks, and insurers, with reinsurance firms facing the largest potential losses as insurance payouts are expected to be delayed.
Ước tính thiệt hại bão số 10: Các doanh nghiệp bảo hiểm chuẩn bị chi trả ban đầu hơn 357 tỷ đồng, theo báo cáo từ Cục Quản lý, giám sát bảo hiểm (Bộ Tài chính) tính đến 2/10. Tổng thiệt hại do bão gây ra đang được đánh giá, hỗ trợ người dân và doanh nghiệp khắc phục hậu quả. #BaoSo10 #ThietHaiBao #BaoHiem #Storm10 #InsurancePayout #VietnamNews
https://vietnamnet.vn/thiet-hai-bao-so-10-uoc-tinh-chi-tra-bao-hiem-ban-dau-hon-357-ty-dong-2448549.html
Thiệt hại bão số 10: Ước tính chi trả bảo hiểm ban đầu hơn 357 tỷ đồng
Cục Quản lý, giám sát bảo hiểm (Bộ Tài chính) cho biết, tính đến ngày 2/10, trên cơ sở báo cáo của các doanh nghiệp bảo hiểm, tổng thiệt hại bồi thường ban đầu do bão số 10 gây ra ước tính hơn 357 tỷ đồng.
AIA Life Improves One-Day Insurance Payout Rate to 83% with LLM-Based AI Solution
AIA Life Insurance boosts one-day insurance payout rate to 83% by deploying LLM-based AI OCR, sharply accelerating claims processing and customer convenience.
Kyobo Life Insurance leads South Korea’s insurance sector with an industry-best average payout time of 0.24 days, leveraging AI and digital innovation to process claims nearly three times faster than competitors.
#YonhapInfomax #KyoboLife #InsurancePayout #DigitalInnovation #ArtificialIntelligence #NonPaymentRate #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=71337
'Digital Innovation' Drives Kyobo Life to Industry-Leading Insurance Payout Speed of 0.24 Days
Kyobo Life Insurance leads South Korea’s insurance sector with an industry-best average payout time of 0.24 days, leveraging AI and digital innovation to process claims nearly three times faster than competitors.
NH NongHyup Property & Casualty Expands Digital Insurance Claims to All Products
NH NongHyup Property & Casualty Insurance has expanded its 24/365 digital claims service to all products, integrating AI for faster payouts and aiming to cut processing time to 0.7 days by 2027.
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