Latest
Lloyd’s of London unmoved by released 9/11 hacks
Lloyd’s of London is unmoved by the recent release of hacked documents relating to the 9/11 terrorist attacks of 2001.
The insurer denies that its...
American regulators target robo-advisers
America’s chief investment regulator, the Securities and Exchange Commission (SEC), is cracking down on robo advisers. In particular, the SEC is fining prominent robo...
From the UK
Esure agrees £1.2bn takeover by private equity Bain Capital
Bain Capital snaps up Esure, the insurance firm that owns the Sheilas' Wheels brand, in a £1.2bn takeover deal which suggests further consolidations in...
New CII Public Trust Index reveals insurers top consumers’ confidence priorities
The Chartered Insurance Institute (CII) has launched a Public Trust Index that provides the industry with much needed insight into key measures of consumers’...
In Europe
EU seeks tougher scrutiny over Huawei 5G cyber security risks
The European Union (EU) is worried about potential cyber security risks from Chinese technology companies. Several members are concerned with China’s behaviour in the...
Deutsche Bank settles €4m ‘Cum-Ex’ fraud investigation
Deutsche Bank settled a €4 million fraud investigation with German public prosecutors for its role in helping clients carry out dubious tax deals, Bloomberg...
Around the World
California could increase auto insurance rates for women by fighting gender...
Strangely, the California Insurance Commissioner could increase auto insurance rates for women to fight gender discrimination.
To explain, new regulations in California prohibit the use...
Dubai-based Yallacompare raises $8m for MENA expansion
Dubai-based financial comparison platform Yallacompare has raised $8 million in its latest round of funding, led by venture capital firm Wamda Capital and STC...
Technology
Mondelez sues Zurich for $100m after cyberattack claim gets rejected
Snack maker Mondelez is suing Zurich North America for $100 million in a lawsuit that could bring big changes to the way multinationals deal...
GoCompare boosts fraud prevention with AI expert partnership
GoCompare, one of the UK’s top price comparison aggregators, has partnered up with fraud prevention expert Featurespace to improve the detection and prevention of...
