Softbank Plans Big Push into Insurance Investments October 16, 2018 By Eric Auchard and Simon Jessop Softbank’s Vision Fund plans to pump more money into insurance, a sector it sees as both ripe for disruption and...
Update: UK Insurer Aviva to Replace CEO Wilson as Shareholders Seek Higher Returns October 9, 2018 By Simon Jessop and Sinead Cruise Aviva is replacing its chief executive Mark Wilson after his sweeping transformation of the British insurer did not deliver the...
As Brexit Day Nears, 630 UK Financial Services Jobs Have Shifted to EU, Reuters Finds September 26, 2018 By Andrew MacAskill, Simon Jessop and Carolyn Cohn As few as 630 UK-based finance jobs have been shifted or created overseas with just six months to go before...
Amazon Weighs Formation of UK Insurance Comparison Website: Reuters August 16, 2018 By Carolyn Cohn and Simon Jessop Amazon.com Inc is sounding out some of Europe’s top insurance firms to see if they would contribute products to a...
Insurtech Firm Wefox Seeks New Funding with Softbank Among Investors: Sources August 2, 2018 By Eric Auchard and Simon Jessop Wefox, one of Europe’s fastest-growing insurance technology firms, is close to settling on a new “triple-digit million” euro funding round,...
Russia World Cup Insurance Premiums Rise on Risks of Terrorism, Hooliganism June 14, 2018 By Carolyn Cohn, Simon Jessop and Noor Zainab Hussain The risk of terror attacks and damage from hooligans has pushed up premiums for businesses and players buying insurance for...
Brexit Effect: Fewer UK Financial Services Jobs Expected to Shift to EU, Says Reuters March 28, 2018 By Andrew MacAskill, Carolyn Cohn and Simon Jessop The number of finance jobs to be shifted out of Britain or created overseas by March 2019 due to Brexit...
20-Plus Insurers, Banks & Fund Firms Select Luxembourg as Post-Brexit HQs March 1, 2018 By Simon Jessop More than 20 major international institutions chose to set up all or part of their activities in Luxembourg last year,...
London Financial Industry Welcomes Brexit Breakthrough but Won’t Alter EU Plans December 8, 2017 By Simon Jessop and Anjuli Davies London’s financial industry welcomed progress on a divorce deal with the European Union on Friday but said it saw little...
Britain to Lose Out on 10,000 Finance Jobs in First Wave of Brexit Reaction: Reuters Survey September 18, 2017 By Carolyn Cohn, Simon Jessop and Andrew MacAskill Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the...