Latest
Accenture finds more people are using wearable health devices than ever
More and more people are turning to technology to help them make positive strides in getting better ways to access care and benefit from...
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...
From the UK
Aviva discloses how many claims it pays
Aviva apparently paid 96% of the claims it received in the United Kingdom in 2017. Data from the company’s UK claims reports indicates just...
Carillion collapse causes domino effect on trade credit claims
There has been a surge in the number of trade credit insurance claims during the first quarter of this year 2018 as tough trading...
In Europe
Danske Bank scandal exposes money laundering risk
Financial institutions are at greater risk for money laundering losses than ever before. The Danske Bank scandal reveals that even institutions in law-abiding nations...
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...
Around the World
Iran considering Insurance-Linked Securities market for reinsurance
Iran is considering the development of new financial products, including insurance-linked securities and Islamic bonds, to alleviate the US sanctions on its economy. The...
AIG files $6.1m lawsuit against Kim Kardashian’s former bodyguard
Bodyguards are liable for the property losses of the rich and famous. AIG is suing Kim Kardashian West’s former security firm for $6.1 million...
Technology
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...
