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Product Insights
Quarterly Still Wine pricing trends in South Africa
Consumers' preferences for stores are most heavily influenced by pricing and promotions, but brands and retailers continue to adjust prices and promotions based on insufficient information from expensive, drawn-out, and incomplete audits of rival techniques. Brands and retailers can benefit from the unique intelligence provided by GlobalData Ecommerce Price Tracker, covering millions of SKUs, to identify, anticipate, and implement important business choices. GlobalData's new report titled "Quarterly Still Wine pricing trends in South Africa" serves as a crucial resource for...
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Company Insights
MetLife – Digital Transformation Strategies
MetLife has been focusing on data-driven innovation as a part of its digital transformation strategies. The annual ICT spending of MetLife was estimated at $3.2 billion in 2021. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. MetLife is a financial services firm that offers insurance, employee benefits, asset management products, and services and annuities. The MetLife digital transformation strategies report will act as a reference point to understand a company/competitor's digital...
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Thematic Analysis
Climate Change and its Impact on Insurance Market – Thematic Research
Climate change action is now an essential part of an insurer’s overall strategy. Total catastrophe losses around the world were estimated at $83 billion in 2020 according to Swiss Re, while total economic losses from these disasters were estimated at $210 billion as per Munich Re. The insurance industry covered 45% of global economic losses from natural catastrophes in 2020 - higher than the average level of 37% according to Swiss Re (via Insurance Times). The loss figures for 2020...
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Thematic Analysis
Big Data in Insurance – Thematic Research
The COVID-19 pandemic hit investor confidence and halted business, which led to investments into big data declining, but it is a temporary decline and the theme remains critical to insurance. This report reveals that the value and volume of investment deals in the analytics theme in insurance dropped in 2020 after reaching record highs in both categories in 2019. This was heavily influenced by COVID-19, with economies around the world grinding to a halt and investor confidence dropping to extremely...