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Woman presenting top insurance brands market share

Most valuable global insurance brand 2018 is …

China leads and dominates the global insurance ranking in a recently published Kantar Millward Brown’s 2018 Brandz report.  The Brandz™ report tracks the value...
travel insurance - passengers transit through airport

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...

From the UK

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...
Admiral Insurance Head Office

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...

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

Federal Reserve Bank

Federal Reserve proposes changes to its money transfer system Fedwire

United States’ central bank, the Federal Reserve System, has proposed a major change to its venerable credit-transfer service Fedwire. The Fed wants to adopt the...
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...

Technology

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...
Vestager announcing Google €4.34 Billion fine for breaking EU antitrust rules

Google business model under siege in Europe after record fine

A record fine from the European Commission (EC) might force Alphabet to change its business model. The Commission’s actions reveal that the risk of...

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