Latest
US Supreme Court Amex ruling changes credit card business
The United States Supreme Court greatly increased the amount of control that credit card companies, banks, and online platforms have over the retail process...
Lemonade takes Wefox One insurance to court
New York-based insurtech Lemonade is suing Wefox’s One Insurance for copyright infringement of its Intellectual Property (IP). Julian Teicke, founder of One Insurance, and...
From the UK
Admiral shares dip amid capital warning
Car insurance specialist Admiral has recorded a sharp decline in shares after it warned that low interest rates and market volatility following the UK’s...
Hiscox Group completes sale of Direct Asia Hong Kong
Bermuda-based global specialist insurance group Hiscox has completed the sale of the Hong Kong division of DirectAsia to Well Link Group Holdings Limited, after...
In Europe
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...
EU regulator publishes guidelines on MiFID II requirements
The European Securities and Markets Authority (ESMA) recently published report updates in regards to the transparency and market structure issues under the Market in...
Around the World
China’s sovereign wealth fund increasing risk appetite
China Investment Corp. (CIC) is pulling out all stops to forge ahead with investments in the United States after a successful foray last year....
Rising US Dollar puts Latin American economies at risk
The rising US dollar is increasing the risk of a serious global economic crisis. The dollar’s rise has triggered economic chaos in Latin America...
Technology
On-Demand insurer Trov finds expansion in Arizona
InsurTech startup Trov makes a significant step towards its international expansion, entering the US market, as it begins to offer on-demand insurance to Arizona...
Lemonade takes Wefox One insurance to court
New York-based insurtech Lemonade is suing Wefox’s One Insurance for copyright infringement of its Intellectual Property (IP). Julian Teicke, founder of One Insurance, and...
