Latest news with #KCC
Business Wire
9 hours ago
- Business
- Business Wire
KCC to Host Industry Leaders at CATLAB
BOSTON--(BUSINESS WIRE)--Karen Clark & Company (KCC) is pleased to announce CATLAB ® 2025, taking place in Boston from June 3–5. This annual event brings together market-leading insurers, reinsurers, and ILS investors for three days of in-depth discussions on advanced modeling techniques and the latest science on weather, climate, and extreme events. This year's event features expert-led sessions on the most consequential events and trends driving future losses, including cyclical and long-term changes in weather patterns. The program also highlights KCC's engagement in evolving regulatory landscapes, such as the new California review process for wildfire models. In addition, KCC experts will address: How AI and machine learning are being leveraged in atmospheric science Evolving global earthquake risk The latest science on climate change and KCC's climate-conditioned models 'CATLAB is the premier industry event for bringing scientists and industry practitioners together for three days of in-depth discussions on the latest science and modeling advancements,' said Karen Clark, KCC CEO. 'In an environment where the industry is changing rapidly, our goal is to create new opportunities for companies to leverage more advanced and accurate technology.' '(Re)insurers are facing mounting pressure to adapt in real time to the impacts of extreme weather and climate,' added Glen Daraskevich, Senior Vice President. 'At CATLAB, KCC scientists detail exactly how advanced science is implemented in the KCC models and how the implementation impacts the loss estimates, so (re)insurers can make better-informed pricing, underwriting, and portfolio decisions.' For more information about CATLAB 2025, contact KCC at info@ About Karen Clark & Company Karen Clark & Company (KCC) provides advanced models, innovative software, and comprehensive consulting services for deeper insight into climate, weather, and catastrophe risk. KCC professionals are globally recognized experts in catastrophe modeling and risk management who work with company executives to enhance business strategies, competitive advantage, and financial results. KCC models cover tropical cyclones, extratropical cyclones, severe convective storms, winter storms, wildfires, floods, and earthquakes in over 80 countries. For more information, please visit
Yahoo
9 hours ago
- Business
- Yahoo
KCC to Host Industry Leaders at CATLAB® 2025
BOSTON, June 02, 2025--(BUSINESS WIRE)--Karen Clark & Company (KCC) is pleased to announce CATLAB® 2025, taking place in Boston from June 3–5. This annual event brings together market-leading insurers, reinsurers, and ILS investors for three days of in-depth discussions on advanced modeling techniques and the latest science on weather, climate, and extreme events. This year's event features expert-led sessions on the most consequential events and trends driving future losses, including cyclical and long-term changes in weather patterns. The program also highlights KCC's engagement in evolving regulatory landscapes, such as the new California review process for wildfire models. In addition, KCC experts will address: How AI and machine learning are being leveraged in atmospheric science Evolving global earthquake risk The latest science on climate change and KCC's climate-conditioned models "CATLAB is the premier industry event for bringing scientists and industry practitioners together for three days of in-depth discussions on the latest science and modeling advancements," said Karen Clark, KCC CEO. "In an environment where the industry is changing rapidly, our goal is to create new opportunities for companies to leverage more advanced and accurate technology." "(Re)insurers are facing mounting pressure to adapt in real time to the impacts of extreme weather and climate," added Glen Daraskevich, Senior Vice President. "At CATLAB, KCC scientists detail exactly how advanced science is implemented in the KCC models and how the implementation impacts the loss estimates, so (re)insurers can make better-informed pricing, underwriting, and portfolio decisions." For more information about CATLAB 2025, contact KCC at info@ About Karen Clark & Company Karen Clark & Company (KCC) provides advanced models, innovative software, and comprehensive consulting services for deeper insight into climate, weather, and catastrophe risk. KCC professionals are globally recognized experts in catastrophe modeling and risk management who work with company executives to enhance business strategies, competitive advantage, and financial results. KCC models cover tropical cyclones, extratropical cyclones, severe convective storms, winter storms, wildfires, floods, and earthquakes in over 80 countries. For more information, please visit View source version on Contacts Daniel AbramsonGregory FCAdabramson@
Yahoo
3 days ago
- Business
- Yahoo
DaVita Statement on Government's Kidney Care Choices (KCC) Model Updates
DENVER, May 30, 2025 /PRNewswire/ -- DaVita, a comprehensive kidney care company, issued the following statement in response to updates this week from the Center for Medicare and Medicaid Innovation (CMMI) related to its Kidney Care Choices (KCC) Model. It can be attributed to Misha Palecek, chief transformation officer for DaVita. "As a dedicated participant in the government's value-based care initiative and a pioneer in this field for the last twenty years, we applaud CMMI's decision to extend the Kidney Care Choices (KCC) Model for an additional year. We believe the investments made by CMMI and participants alike will result in long-term savings in the upcoming years. The program's emphasis on comprehensive, collaborative care and patient engagement is driving encouraging health outcomes. DaVita is committed to establishing a new standard for kidney care through integrated care systems alongside our nephrology partners." Together with participating nephrologists, DaVita launched 11 value-based care arrangements in 2022 and has since doubled that footprint to 22 Kidney Contracting Entities (KCEs). A recent report demonstrates that these value-based care arrangements result in increased transplantation, more patients dialyzing with an optimal access in place, and more patients dialyzing at home. To learn more about DaVita Integrated Kidney Care programs, visit About DaVita (NYSE: DVA) is a health care provider focused on transforming care delivery to improve quality of life for patients globally. As a comprehensive kidney care provider, DaVita has been a leader in clinical quality and innovation for 25 years. DaVita cares for patients at every stage and setting along their kidney health journey—from slowing the progression of kidney disease to helping to support transplantation, from acute hospital care to dialysis at home. As of March 31, 2025, DaVita served approximately 282,000 patients at 3,173 outpatient dialysis centers, of which 2,661 centers were located in the United States and 512 centers were located in 13 other countries worldwide. DaVita has reduced hospitalizations, improved mortality, helped improve health access and worked collaboratively to propel the kidney care community to adopt a higher quality standard of care for all patients, everywhere. To learn more, visit Media Contact Newsroom@ View original content: SOURCE DaVita Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
4 days ago
- Business
- Time of India
RBI to review digital banking regulations, expand lending interface and CBDC pilots
The Reserve Bank of India (RBI) is set to overhaul internet and mobile banking regulations and broaden the Unified Lending Interface (ULI) with new features. The central bank is also developing a framework for digital channel resilience and expanding Central Bank Digital Currency (CBDC) pilots. Furthermore, the RBI will establish AI ethics guidelines and bolster cybersecurity measures across regulated entities. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The Reserve Bank of India RBI ) has announced plans to review the regulatory framework governing internet and mobile banking as part of its agenda for the new year, outlined in its latest annual central bank will also broaden the scope of the Unified Lending Interface (ULI) by including additional loan products and lenders. A new business-to-customer (B2C) functionality will be introduced on the ULI platform, which currently hosts 44 lenders—including banks and non-banking financial companies (NBFCs)—offering over 60 data services across 12 loan categories, such as Kisan Credit Card (KCC) loans, digital cattle loans, and MSME loans.'Building on stakeholder feedback and positive outcomes, we are expanding the platform's reach to incorporate more products, data providers, and lenders,' the RBI addition, the RBI is developing a framework focused on operational resilience for digital channels used by banks and non-banks. It also aims to extend the scope of Central Bank Digital Currency ( CBDC ) pilots in both retail and wholesale segments by introducing new use cases and technological RBI is actively exploring cross-border CBDC pilots, both bilateral and multilateral, to address challenges related to transaction turnaround times, efficiency, and the regulator plans to establish guidelines for the ethical adoption of artificial intelligence (AI) in the financial sector and expand the MuleHunter initiative—an AI/ML-based solution designed to identify suspicious mule the growing importance of digital security, the RBI is working on guidelines for digital forensic readiness and will conduct comprehensive thematic reviews on cyber risks across all regulated entities. The central bank also plans to enhance cyber risk mapping and organize phased, cross-sectoral cyber crisis simulation exercises
Time of India
4 days ago
- Business
- Time of India
RBI to explore cross-border CBDC pilots as E-rupee circulation surges to Rs 1,016 crore
The circulation of central bank digital currency (CBDC), or e-rupee, surged to Rs 1,016 crore by the end of March 2025, up from Rs 234 crore a year earlier, according to the Reserve Bank of India 's (RBI) annual report released on Thursday. The RBI also indicated that it is exploring cross-border CBDC pilot projects, though it did not specify a timeline, PTI reported. The CBDC was first introduced in November 2022 with a wholesale pilot, followed by a retail pilot. One of the core advantages of the CBDC has been the potential to simplify cross-border payments — a growing necessity in the face of challenges posed by non-fiat virtual currencies such as Bitcoin. "...the Reserve Bank is exploring commencement of CBDC pilots on cross-border payments both on bilateral and multilateral basis to overcome key challenges related to turnaround time, efficiency and transparency," the report stated. Bilateral cross-border pilots with select countries are being "actively explored," with significant progress reported in finalising the roadmap, technical framework, and use cases. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo The RBI is also considering participation in multilateral CBDC initiatives, particularly through the Bank for International Settlements (BIS) Innovation Hub. The central bank further aims to expand the scope of both e-rupee-Retail and e-rupee-Wholesale pilots by introducing new features and use cases. It also plans to improve the technological aspects of the account aggregator framework to boost transparency, customer convenience, and efficiency. Of the total Rs 1,016 crore e-rupee in circulation, Rs 857 crore is in the Rs 500 denomination, followed by Rs 200 notes at Rs 91 crore and Rs 100 notes at Rs 38 crore, the report noted. Starting with person-to-person (P2P) and person-to-merchant (P2M) transactions, the e-rupee-Retail pilot expanded in FY25 to include offline payments and programmability features. As of March 2025, the retail pilot included 17 banks and 60 lakh users. To drive adoption, certain non-banking entities have also been permitted to offer CBDC wallets. The wholesale version of the CBDC has also been expanded, with four standalone primary dealers (SPDs) added to the network. Programmability use cases highlighted in the report include direct benefit transfers to farmers based on carbon credit generation and loans to tenant farmers under the Kisan Credit Card (KCC) scheme in select areas. Banks are also implementing programmable employee allowances for fuel and meals. The state of Odisha made e-rupee payments to 88,000 beneficiaries under the Subhadra Yojana. Discussions are ongoing with multiple central government ministries and state governments to utilise CBDC's programmability for targeted fund transfers with defined end uses. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
