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Tencent-Backed Insurance Platform Waterdrop Targets US$360 Million US Listing
Editorial Team May 3, 2021 Funding, Technology, Trends

Tencent-Backed Insurance Platform Waterdrop Targets US$360 Million US Listing

Waterdrop, the online insurance and medical crowdfunding platform backed by Tencent, has started marketing its initial public offering (IPO) of up to US$360 million on the New York Stock Exchange.
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AI Gains Traction Across Insurance
Editorial Team May 3, 2021 AI, Trends

AI Gains Traction Across Insurance

Spending on artificial intelligence (AI) platforms in insurance will grow by almost a quarter every year out to 2024 as the industry exhibits a general willingness to innovate, analytics firm GlobalData predicts.
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Buffett on Whether He’d Insure SpaceX Mission: I’d Have a ‘Different Rate if Elon was on Board’
Editorial Team May 2, 2021 Thought Leadership, Trends

Buffett on Whether He’d Insure SpaceX Mission: I’d Have a ‘Different Rate if Elon was on Board’

Berkshire Hathaway CEO Warren Buffett has a message about the insurability of Elon Musk’s future SpaceX missions. “It would depend on the premium,” the Oracle of Omaha joked Saturday during Berkshire's annual shareholders’ meeting, live streamed on Yahoo Finance.
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