Remove Agriculture Remove Blog Remove Examples Remove Insurance
article thumbnail

Mitigating the impact of climate change in insurance and other financial services  

IBM Big Data Hub

According to Berenberg analysts , individual insurance companies faced total claims estimates of up to approximately USD 300 million. For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well.

article thumbnail

Turning climate risks into business opportunities 

IBM Big Data Hub

In Africa, for example, recurring droughts, floods and cyclones due to climate change might cause crop failures and food insecurity. Substantial repair costs might arise, particularly impacting insurance companies. In India, for example, the states of Uttar Pradesh and Bihar are in a region of extreme summers and winters.

Risk 66
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The most valuable AI use cases for business

IBM Big Data Hub

For example, Amazon reminds customers to reorder their most often-purchased products, and shows them related products or suggestions. Agricultural machines can engage in autonomous pruning, moving, thinning, seeding and spraying. A flood of applications can be screened, sorted and passed to HR team members with precision.

article thumbnail

Robert Reich: “Saving Capitalism” From Itself

John Battelle's Searchblog

The post Robert Reich: “Saving Capitalism” From Itself appeared first on John Battelle's Search Blog. ” Reich goes on to deliver example after example of how the rules governing our current capitalist system are rigged to deliver “pre-distributions” of wealth to those in power.