Tag: insurance
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Insurance and Fintech: The Quiet Casualties Nobody Predicted
EU AI Act high-risk classification is disrupting insurance and fintech AI in ways the regulation's architects didn't foresee. The consequences are falling unevenly.
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The History of Marine Insurance
From Venetian bottomry loans to Lloyd's Coffee House, marine insurance solved the problem that prevented large-scale commercial voyages: how to distribute catastrophic risk across enough counterparties that no single loss could destroy a merchant's capital.