IDF partners with Start Network to forecast climate challenge

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Through this partnership, IDF member companies will be providing technical assistance to Start Network members who are working on the ground to get a head start before a crisis hits.

Denis Duverne, chairman of IDF and AXA Group, acknowledged the significant role insurance has amid the worsening climate crisis.

“As an industry, we have consistently recognised that climate change is the biggest challenge of our time,” Duverne said. “A fundamental pillar of addressing it will be greater access to climate risk information, tools and standards, as well as benchmark metrics that will shed light on the climate risks of today

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Chubb introduces cover for manufacturers in several Asian markets

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According to Chubb, the ongoing Fourth Industrial Revolution has brought about new risks and challenges for manufacturers. These include new supply chain risks, as manufacturers’ relationships with suppliers and customers become increasingly interdependent. Companies also face greater exposure to cyber incidents, with digitalisation rapidly changing the factory floor with developments such as automation, robotics, internet of things and artificial intelligence.

Manufacturers are also more likely to be held contractually liable for financial losses incurred by customers, due to manufacturers and customers becoming more intricately connected for a larger part of the product lifecycle, especially if manufacturers add on services like

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Using fraud prevention to gain a competitive advantage

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A proactive and forward-thinking e-commerce business can get ahead by using data for fraud prevention and chargebacks.

  Using fraud prevention to gain an advantage

Online transactions surged in the last year. Ninety-seven percent of CEOs know that business model innovation is crucial to staying competitive.

Shifting the mindset of fraud prevention from risk mitigation to strategic planning is how savvy merchants can gain an advantage.

To do this, merchants need to collect quality data. The more a business knows about the fraud they are experiencing, the better their strategy can be to prevent it in the future.

And the right

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Nubank targets $50 billion IPO valuation on net losses of $99.1 million

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Nubank has set a target valuation of $50 billion in its proposed initial public offering in New York, as the lossmaking digital lender looks to join the ranks of Latin America’s biggest listed companies.

Nubank targets $50 billion IPO valuation

A regulatory filing reveals the Brazilian FinTech is aiming to raise more than $3 billion from stock market investors, potentially ranking as the third-largest US IPO of the year so far.

The target price range of $10 to $11 per share would give a market capitalisation of between $46 billion and $50.6 billion if achieved, higher than that of Brazil’s

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