Answer to Question #64259 in Finance for Abdul

Question

Explain some of the implications in the investment banking and insurance businesses trends

Answer 1

Investment banking is a specific division of banking related to the creation of capital for other companies, governments and other entities. Currently the greatest global investment banks are focused on the possibilities in developing countries (renewable energy, waste management, resource extraction businesses) and “new industrialization” activities in the developed ones.
The main recent insurance business trends are:
1. Advanced analytics and customer centricity
2. Digitization and portal development
3. Cloud and software as service
4. Telematics and usage-based insurance
5. Core modernization and innovation