Usage-based insurance will gain importance due to pandemic

  • The usage-based insurance market is set to gain importance due to the pandemic.
  • The UBI market is expected to reach $125.7 billion globally by 2027 at a compound annual growth rate of 23.0%.

In our recent Usage-Based Auto Insurance Report, we discussed how this business model, which enables insurers to charge customers per mile they’re driving or based on their driving behavior, rather than demographic information, will continue to grow in importance. The usage-based insurance (UBI) market is expected to reach $125.7 billion globally by 2027 at a compound annual growth rate of 23.0%, up from an estimated $24 billion in 2019, according to Reportlinker.com.

the global usage based insurance market

The usage-based insurance market is set to gain importance due to the pandemic.

Business Insider Intelligence


The coronavirus pandemic is driving the need for alternative insurance models to replace conventional policies. In response to consumers driving less due to lockdown restrictions, many auto insurers had

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On The Money: Business world braces for blue sweep | Federal Reserve chief to outline plans for inflation, economy

Happy Wednesday and welcome back to On The Money. I’m Sylvan Lane, and here’s your nightly guide to everything affecting your bills, bank account and bottom line.



Joe Biden wearing a suit and tie: On The Money: Business world braces for blue sweep | Federal Reserve chief to outline plans for inflation, economy | Meadows 'not optimistic' about stalemate on coronavirus deal


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On The Money: Business world braces for blue sweep | Federal Reserve chief to outline plans for inflation, economy | Meadows ‘not optimistic’ about stalemate on coronavirus deal

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THE BIG DEAL-Business world braces for blue sweep: Wall Street and business groups are bracing for the possibility of a blue sweep in Washington that would leave Democrats in charge of the White House and both chambers of Congress.

  • Democratic
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Timbercreek Financial Declares August 2020 Dividend

TORONTO, Aug. 25, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX:TF) (the “Company”) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on September 15, 2020 to holders of Common Shares of record on August 31, 2020.

The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees.

Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price (the “Average Market Price”) for the five trading

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Aircraft Actuator Market Report 2020: Rising Impressive Business Opportunities Analysis Forecast By 2025

The MarketWatch News Department was not involved in the creation of this content.

Aug 25, 2020 (AmericaNewsHour) —
Global Aircraft Actuator Market Size and Forecast to 2025

Global Aircraft Actuator Market Analysis
According to Verified Market Research, the Global Aircraft Actuator Market was valued at USD 18.36 Billion in 2017 and is projected to reach USD 22.36 Billion by 2025, growing at a CAGR of 9.0% from 2018 to 2025.

What is an Aircraft Actuator?
Aircraft actuators are extremely vital for the successful functioning of the aircraft. The actuators facilitate the aircraft in its control as well as flight. The aircraft actuator market is important as the proper functioning of the actuator is necessary for the safety of the individuals inside of the aircraft. Actuators are used in several applications for the aircraft. The actuator is used in the flaps as well as the landing gear of an aircraft. Actuators

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