Gold is traditionally used as a safe store of wealth, and investors bought 1,773.2 tonnes last year, up 40% from 2019 and the most for any year on record.

At current prices of around $1,850 an ounce, that gold is worth some $100 billion.

Global insurance industry cross border deals total $5.27bn in Q4 2020

Jan 28, 2021

The value marked a decrease of 42.2% over the previous quarter and a rise of 47.2% when compared with the last four-quarter average of $3.58bn.

In terms of number of cross border deals, the sector saw a rise of 47.06% over the last four-quarter average with 25 deals against the average of 17 deals.

In value terms, North America led the activity with cross border deals worth $2bn.

Record-high InsurTech funding of $7.1 billion achieved in 2020

Jan 28, 2021

Compared with 2019, total funding increased by 12%, while deal volume increased by 20%. InsurTechs raised $2.1 billion across 103 deals during Q4, with 67% of the funds attracted by property/casualty-focused firms. Life & health InsurTechs saw a modest decrease in deal share of 1.6 percentage-points in the quarter, and an 8.4 percentage-point decline in total funding over Q3, 2020.

Over 13,000 malware threats detected every hour in 2020: Report

Jan 28, 2021

“Attackers are going to innovate and roll out new ways to target businesses in 2021. It is, therefore, essential for them to invest in robust cybersecurity solutions that can prevent them from being prey to the evolving threat landscape,” said Himanshu Dubey, Director, QuickHeal Security Labs .

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