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Earthquake Mexico Sep 2017

World Bank issues historic $1.36bn catastrophe bond covering Latin American earthquakes

The International Bank for Reconstruction and Development (IBRD), the main component of the World Bank Group, has issued Latin American earthquake-linked catastrophe bonds (known...
View of the headquarters of Anbang Insurance Group in Beijing

China regulators tackle systemic financial risk with Anbang takeover

China is concerned about the dangers of its financial system. The recent takeover of Anbang, a Global Fortune 500 financial services conglomerate, attests the...

From the UK

Convention Centre Dublin

Beazley eyeing EU licenses in Dublin after Brexit vote

Almost two months following the United Kingdom’s decision to leave the European Union (EU), London-based insurers are weighing in several options that will enable...
George Osborne red case

BIBA calls for tax break as car premiums hit 6-year high

The British Insurance Brokers Association (BIBA) has called for a tax break for telematics-based insurance products after car premiums reached their highest levels in...

In Europe

EU digital tax

EU planned digital tax risks fuelling tensions with tech giants

The European Union new tax policy for multinational corporations is a direct threat to all companies that operate in the Eurozone and beyond. The European...

Catalonia political turmoil risks hurting Spanish economy

Separatism has emerged as one of the greatest threats to economic and political stability in today’s world. Catalonia, the region around Barcelona, is threatening...

Around the World

Youbit currency exchange logo

South Korean insurer denies claim from bankrupt crypto exchange Youbit

Seoul-based cryptocurrency exchange Youbit has reportedly had its cyber-insurance claim denied by South Korean Dongbu insurance company. This comes after Youbit experienced several hacks...
EU digital tax

EU planned digital tax risks fuelling tensions with tech giants

The European Union new tax policy for multinational corporations is a direct threat to all companies that operate in the Eurozone and beyond. The European...

Technology

Facebook Forest City Data Center

Facebook Cambridge Analytica scandal a godsend for upcoming GDPR

Facebook scandal that allowed the data of 50 million users to fall into the hands of political consulting firm Cambridge Analytica (CA) is perhaps...
Uber driverless car prototype stopped after accident at Tempe, AZ

Fatal Uber accident exposes risks and challenges with autonomous driving

Uber’s recent tragic driverless car accident that saw a woman lose her life exposes the risks and challenges of self-driving cars technology. The past week...

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