Tag: insurance innovation
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Rethinking PSV Insurance: Private-Sector Partnerships Could Ease Public Transport’s Debt Burden
Government Debt Strategy Pushes Private-Sector Involvement in Large Projects Facing rising debt and tight fiscal space, governments worldwide are increasingly turning to private-sector partnerships to deliver large-scale infrastructure. The strategy aims to transfer some financial risk away from public balance sheets while leveraging private capital, expertise, and efficiency in project delivery. But as governments outline…
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Private-Public Paths: Reducing Debt by Offloading Large Projects and Rethinking PSV Insurance Risk
Introduction: A Strategy to Cut Debt Public finance authorities face mounting debt and stretched budgets. A proven approach to shorten the debt burden is to offload funding, development, and long-term risk from the public sector to private partners through well-structured large-project deals. This strategy, often realized through public-private partnerships (PPPs), private finance initiatives, or concession…
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Space Debris Insurance: Two Companies Team Up to Shield Satellites from Collision Risk
New Partnership for a Critical Risk in Orbit A pair of leading space insurance players have announced a strategic collaboration to offer specialized insurance coverage that protects satellites against space debris collisions. This partnership aims to fill a growing gap in risk transfer for operators who rely on satellite fleets for communications, weather monitoring, and…