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RELX PLC - RELX STOCK NEWS

Welcome to our dedicated page for RELX PLC news (Ticker: RELX), a resource for investors and traders seeking the latest updates and insights on RELX PLC stock.

RELX PLC (LSE: REL, NYSE: RELX) is a British multinational information and analytics company headquartered in London, England. As a global provider of information-based analytics and decision tools, RELX caters to professional and business customers across various industries. The company's core operations span scientific, technical, and medical information and analytics, legal information and analytics, decision-making tools, and the organization of exhibitions.

One of RELX's key business segments includes LexisNexis Risk Solutions, which recently announced the availability of LexisNexis® Flyreel® for the commercial insurance market. This advanced property survey solution utilizes AI-driven insights to help carriers assess property risk efficiently. The solution has already gained momentum in the home insurance market and is now expanding into commercial property insurance, helping carriers streamline underwriting programs through AI-enabled automation.

RELX has a significant presence in North America, generating around 60% of its revenue from the region. Europe contributes approximately 20% to the company's revenue. The company's impact extends to organizing large-scale digital and face-to-face events such as industry trade shows, exemplified by recent events like WEPACK 2024, a major packaging industry exhibition held in Shenzhen, China.

RELX continues to innovate in various fields, as highlighted by LexisNexis Risk Solutions' ranking as a leader in Product Vitals in Javelin Strategy & Research's 2024 Authentication and Identity-Proofing Vendor Solutions Scorecard report. Additionally, RELX's commitment to the packaging industry is evident through its organization of events like WEPACK, which showcases global packaging industry innovations.

Financially, RELX maintains a robust balance sheet, supported by its diverse and stable revenue streams. The company's ongoing projects and strategic partnerships are aimed at driving growth and maintaining its leadership position in information and analytics.

For more information, visit the RELX website.

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LexisNexis Risk Solutions has been recognized as a leader in digital fraud management by Forrester Research. The company received the highest scores in 13 of the 20 evaluated criteria, including user management, rule management, and customer authentication policies. LexisNexis offers robust risk-scoring capabilities and recently acquired behavioral biometrics vendor BehavioSec.
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LexisNexis Risk Solutions named leader in Digital Fraud Management by Forrester Research Inc.
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LexisNexis Risk Solutions' LexisNexis RiskNarrative platform has been ranked as a Functionality Standout in Celent's 2023 AML Transaction Monitoring Report. The platform earned high marks for its no code platform and AI-based process automation. It helps customers comply with regulations, protects against fraud, and integrates transaction monitoring with risk scoring throughout the customer journey. The platform allows for easy customization of monitoring strategies and reduces reliance on technical support.
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The latest edition of the LexisNexis Risk Solutions Insurance Demand Meter reports that U.S. auto insurance shopping growth was +5.2% in Q2 2023. New policy growth was strong at +10.2%. Increased claims severities have challenged the market, leading to rising costs to repair damaged vehicles. Many insurers are being more discerning in underwriting processes and cutting back on marketing spend. However, motivated shoppers are still seeking cost savings and switching policies in record numbers. Household consolidation is also contributing to slower in-force growth. The property insurance market may follow the auto insurance market in raising rates.
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RX - WEPACK 2023 Series Exhibitions Exceed 100,000 Square Meters, Attracts 52,936 Visitors from over 110 Countries, SinoCorrugated Showcases 22-Year History
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LexisNexis Risk Solutions has been ranked Best in Class and Leader in Javelin Strategy & Research's Know Your Customer (KYC) Scorecard. They received the highest overall composite score and were recognized as a leader in two categories: Use Case and Functionality.
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FAQ

What is the current stock price of RELX PLC (RELX)?

The current stock price of RELX PLC (RELX) is $44.45 as of November 15, 2024.

What is the market cap of RELX PLC (RELX)?

The market cap of RELX PLC (RELX) is approximately 82.8B.

What does RELX PLC do?

RELX PLC provides information-based analytics and decision tools for professional and business customers across various industries, including science, medical research, risk management, and legal sectors.

Where is RELX PLC headquartered?

RELX PLC is headquartered in London, England.

What are the core business segments of RELX PLC?

RELX's core business segments include scientific, technical, and medical information and analytics, legal information and analytics, decision-making tools, and the organization of exhibitions.

What is LexisNexis Flyreel?

LexisNexis Flyreel is an advanced property survey solution that uses AI-driven insights to help insurance carriers assess property risk more efficiently.

How much revenue does RELX generate in North America?

RELX generates around 60% of its revenue from North America.

What recent achievements has RELX made in the packaging industry?

RELX recently organized WEPACK 2024 in Shenzhen, China, showcasing innovations and developments in the global packaging industry.

How did LexisNexis Risk Solutions perform in Javelin Strategy & Research's 2024 report?

LexisNexis Risk Solutions was ranked as a Leader in Product Vitals in Javelin Strategy & Research's 2024 Authentication and Identity-Proofing Vendor Solutions Scorecard report.

What percentage of RELX's revenue comes from Europe?

Approximately 20% of RELX's revenue comes from Europe.

What are some of the key features of LexisNexis Flyreel for commercial insurers?

Key features of LexisNexis Flyreel for commercial insurers include AI-driven property insights, streamlined underwriting programs, and the elimination of manual, time-intensive processes.

Where can I find more information about RELX PLC?

You can find more information about RELX PLC on their official website at www.relx.com.

RELX PLC

NYSE:RELX

RELX Rankings

RELX Stock Data

82.77B
1.86B
4.13%
0.15%
Specialty Business Services
Industrials
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United States of America
London