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Amazon discreet ambitions to disrupt the insurance industry

Amazon appears to be on the cusp of its long-anticipated entrance into the insurance industry – and markets appear nervous. Shares in insurance companies wobbled...
Deutsche Bank office

Deutsche Bank moves euro clearing operations as Brexit risks mount

Germany’s biggest bank, Deutsche Bank has shifted an important part of its euro clearing business to Frankfurt from London due to Brexit. The move...

From the UK

Front entrance of the London Stock Exchange

Libor: The end is nigh – or is it

LIBOR, the London Inter-Bank Offered Rate, is on the verge of being consigned to history – or maybe not! ICE Benchmark Administration (IBA), the entity...
London car traffic crossing tower bridge at sunset

Ghost broking scam – Police warn of rise in fake car...

Thousands of UK motorists could be driving without insurance because of fraudsters known as "ghost brokers" selling fake insurance policies online, police have warned. Ghost...

In Europe

Deutsche Bank office

Deutsche Bank moves euro clearing operations as Brexit risks mount

Germany’s biggest bank, Deutsche Bank has shifted an important part of its euro clearing business to Frankfurt from London due to Brexit. The move...
German Finance Minister Olaf Scholz

German Finance Minister calls for EU-wide unemployment insurance

German Finance Minister Olaf Scholz suggested that the time has come to create a Europe-wide network for unemployment insurance to breathe life into the...

Around the World

Fountaingrove after October 2017 California wildfires

California fires force sale of Aspen Insurance to private equity firm

Climate Change is dramatically transforming the insurance industry. The troubled Aspen Insurance Holdings reportedly agreed to sell itself to private-equity giant Apollo Global Management...
People using smartphone while driving car

Smartphones greatly increase auto accidents risk

Smartphones have become one of the greatest risks for auto insurers. Analysts blame mobile devices for a sharp increase in motor vehicle accidents in...

Technology

cryptocurrencies-exchanges

Two imperatives to prevent crypto-exchanges from getting hacked

Hacks of cryptocurrency exchanges in the first half of 2018 led to losses of over $770 million (£594 million) highlighting the continued vulnerability of...

Amazon discreet ambitions to disrupt the insurance industry

Amazon appears to be on the cusp of its long-anticipated entrance into the insurance industry – and markets appear nervous. Shares in insurance companies wobbled...

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