A large technological vacuum created after years of neglect is at the heart of InsurTech’s recent rapid growth, delegates heard at InsiderTech New York.
The reinsurer has drawn up byelaws that can discourage the purchase of large blocks of common shares, and make it difficult to acquire control of the company.
If every moving picture had induced panic in spectators during the fledgling years of cinematic technology, you probably wouldn’t be reading this on a screen right now.
Is the P&C (re)insurance industry gradually losing its defensiveness? A defensive stock is one less correlated to the broader market due to lower macro-sensitivity, typically companies like consumer non-discretionary companies and utilities.
As a market watcher, attempting to determine which lines of business are underperforming syndicate by syndicate quickly proves itself to be a pretty meaningless exercise.