Online insurance company Lemonade made it’s NYSE debut on thursday, surging over 100%. The insurance tech, under the ticker $LMND uses artificial intelligence and “behavioral economics” via a mobile app for property insurance.
Japanese Insurers Ratings Lowered By Fitch as Natural Disaster Risk Mounts
Fitch Ratings is out with a note lowering its outlook on Japanese insurers. They lowered their rating to stable from positive. See biggest risks for Japanese insurers will continue to stem from financial markets in 2020.