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Hong Kong’s first sidecar raises US$12m for PICC P&C

Chinese insurer PICC P&C has structured the first Hong Kong domiciled sidecar in a landmark in the development of the territory as a hub for ILS issuance in Asia Pacific. The HK$94 million (US$12

πŸ“… 2026-10-14 | πŸ“° Insurance Asia News
#insurance-news #hong #kong

Visualizing the World Model in an Agent's Value Function

arXiv:2610.14186v1 Announce Type: new Abstract: Could model-free reinforcement learning algorithms actually be learning a model of the environment? In this work, we apply counterfactual interventions

πŸ“… 2026-10-14 | πŸ“° arXiv - AI Research Papers
#ai-news #visualizing #world

Business Moves: Liberty Mutual to Buy Brazil’s Austral Seguradora

Liberty Mutual Insurance said it has an agreement to acquire Austral Seguradora, a top-five Brazilian surety provider headquartered in Rio de Janeiro. Upon completion of the transaction, Liberty Mutua

πŸ“… 2026-10-14 | πŸ“° Insurance Journal
#insurance-news #business #moves

Illinois Launches Cover Crop Insurance Savings Program for 2027

The Illinois Department of Agriculture (IDOA) is offering its insurance discount program for cover crops for the eighth year. The program, called Fall Covers for Spring Savings Program, encourages cov

πŸ“… 2026-10-14 | πŸ“° Insurance Journal
#insurance-news #illinois #launches