Insurance policies are indispensable for most consumers and businesses around the world. But with the cost of living soaring, so has the price of insurances. A survey of households in the United States and Europe suggests nearly half of them have seen their insurance premiums go up in the last year, but nearly eight in 10 have nevertheless stuck with their existing policies.
A quarter of those surveyed say they are not confident their insurer would pay out a claim - while a third say they have experienced that problem first hand. Kate Moody spoke to Julian Teicke, Founder and CEO of Wefox, the insur-tech company that produced that survey.
Checks, cash, and even credit cards are increasingly a thing of the past in Cambodia. In 2020, the central bank launched a nation-wide digital payments platform, called the Bakong. The goal was to enable faster and more secure financial transactions, and contribute to economic development. But is it working? Our correspondents Juliette Buchèze and François Kampss have this report.
And finally, we bring you to Italy. Cruising through the canals of Venice on a water bus is a time-honored tradition…one that is now a bit greener. The vaporetti - once run on steam, then on diesel - is now being powered by biodiesel…developed from cooking oil that is collected from the city's restaurants.
