Antonita Devotta - Profile and Journalist Details

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Total articles 16

• U.S.-insured losses from natural disasters push global tally more than $100 billion in 2023

  By Antonita Devotta Verified| Reuters Verified NEW YORK(Thomson Reuters Regulatory Intelligence) - Insured losses from natural catastrophes appear poised to cross the crucial $100 billion threshold for the sixth year in a row since 2023, according to separate estimates from reinsurers, Gallagher Re and Aon. Losses from severe convective storms in the United States accounted for roughly three-quarters of all global insured losses of roughly $90 billion to date.

  By Antonita Devotta Verified · Reuters

  Oct. 27, 2023

• Metaverse holds opportunity for U.S. insurers but regulatory hurdles lie ahead

  By Antonita Devotta Verified| Reuters Verified NEW YORK(Thomson Reuters Regulatory Intelligence) - Insurers are seeing significant opportunities to offer existing and new products in the “metaverse,” but will have to overcome much regulatory skepticism in a sector rife with privacy and cybersecurity risks. “Metaverse” is a loosely defined term used to describe a digital world utilizing virtual and augmented reality and the internet.

  By Antonita Devotta Verified · Reuters

  May. 04, 2022

• U.S.-insured losses from natural disasters push global tally more than $100 billion in 2023

  By Antonita Devotta Verified| Reuters Verified NEW YORK(Thomson Reuters Regulatory Intelligence) - Insured losses from natural catastrophes appear poised to cross the crucial $100 billion threshold for the sixth year in a row since 2023, according to separate estimates from reinsurers, Gallagher Re and Aon. Losses from severe convective storms in the United States accounted for roughly three-quarters of all global insured losses of roughly $90 billion to date.

  By Antonita Devotta Verified · Reuters

  Oct. 27, 2023

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Company Info

CUBE

CUBE is a London-based RegTech company founded in 2011, focusing on automated regulatory intelligence and compliance management for the financial services sector. The company addresses the complexities of post-2008 financial regulations by utilizing AI, machine learning, and natural language processing to monitor and analyze regulatory changes across 180 countries and 60 languages. CUBE serves around 1,000 customers globally, including banks, insurers, asset managers, and FinTech firms. CUBE's main product is an automated regulatory intelligence platform that monitors regulations in real time, maps them to business profiles, and automates compliance processes. The platform provides predictive insights on upcoming regulatory changes, helping clients manage risks proactively. CUBE emphasizes scalability and uses AI-driven classification to standardize regulatory data, reducing the need for manual processes. With operations in 19 countries, CUBE combines localized regulatory expertise with a centralized AI platform to support enterprise-level compliance across various jurisdictions.